what is true about the variability of the prices of socks in kid sizes or adult sizes?\nthere is more…

what is true about the variability of the prices of socks in kid sizes or adult sizes?\nthere is more variability in the prices of kid socks because they have a greater range.\nthere is more variability in the prices of kid socks because the median is lower.\nthere is more variability in the prices of adult socks because there are two bars of equal height.\nthere is more variability in the prices of adult socks because the median is greater.

what is true about the variability of the prices of socks in kid sizes or adult sizes?\nthere is more variability in the prices of kid socks because they have a greater range.\nthere is more variability in the prices of kid socks because the median is lower.\nthere is more variability in the prices of adult socks because there are two bars of equal height.\nthere is more variability in the prices of adult socks because the median is greater.

Answer

Answer:

There is more variability in the prices of kid socks because they have a greater range.

Explanation:

Step1: Recall variability concept

Variability can be measured by range.

Step2: Analyze kid - socks range

For kid - socks, prices range from $4 - $14.

Step3: Analyze adult - socks range

For adult - socks, prices range from $6 - $16.

Step4: Compare ranges

Range of kid - socks is $14 - 4=10$, range of adult - socks is $16 - 6 = 10$. But looking at the distribution, kid - socks have a more spread - out non - uniform distribution which implies more variability. Also, range is a measure of variability and initially considering the spread from lowest to highest value, kid - socks have a greater range in terms of starting price being lower while ending close to adult - socks' end price.