Jerry N.

# Does the range rule of thumb produce an acceptable​ approximation? Suppose a researcher deems the approximation as acceptable if it has an error less than​ 15%.

Below are the range and standard deviation for a set of data. Use the range rule of thumb and compare it to the standard deviation listed below. Does the range rule of thumb produce an acceptable​ approximation? Suppose a researcher deems the approximation as acceptable if it has an error less than​ 15%.

Range = 40

Standard Deviation = 10.744

The estimated standard deviation is __________.

​(Round to three decimal places as​ needed.)