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NECO Economics 2025 Objective — Question 19

Question 19 of 60 from the National Examinations Council (NECO) Economics 2025 Objective paper, with the correct answer and a full explanation.

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Which of the following statistical tools measure the variability of a given set of distributions?

  • A. Histogram
  • B. Mean
  • C. Median

Explanation

Range (difference between the highest and lowest values) is a simple measure of variability/dispersion in a dataset.

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