For larger sample sizes, a rough approximation for the sample standard deviation s is that s R/4, where R is the range.

Name: For larger sample sizes, a rough approximation for the sample standard deviation s is that s R/4, where R is the range.
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Question

For larger sample sizes, a rough approximation for the sample standard deviation s is that s  R/4, where R is the range.

Quizplus · Accepted Answer

This approximation is known as the "rule of thumb" and is commonly used in practice for larger sample sizes. However, it is not exact and can lead to inaccurate results for smaller sample sizes or when the data is not normally distributed.

For Larger Sample Sizes, a Rough Approximation for the Sample