Here are the weekly winnings for several local poker players: $100,$50,$125,$75,$80,$60,$110,$150,$300,$700,$115,$75,$1000,$5000.Which is a better summary of the spread,the standard deviation or the IQR? Explain.
A)SD,the distribution is symmetric
B)Either,the distribution is symmetric
C)SD,the distribution is skewed
D)IQR,the distribution is symmetric
E)IQR,the distribution is skewed

Question

Quizplus · Accepted Answer

The distribution is likely to be skewed because of the presence of very high values like $5000. In such a case, the IQR is a better measure of spread as it is less affected by extreme values compared to the standard deviation.

Here Are the Weekly Winnings for Several Local Poker Players