Consider the following statementsnStatement 1 Range is not a good measure of dispersion.nStatement 2 Range is highly affected by the existence of extreme values.nWhich one of the following is correct in respect of the above statements?

Both Statement 1 and Statement 2 are correct and Statement 2 is the correct explanation of Statement 1

Both Statement 1 and Statement 2 are correct but Statement 2 is not the correct explanation of Statement 1

Statement 1 is correct but Statement 2 is not correct

Statement 2 is correct but Statement 1 is not correct

Given below are two statements. One is labelled as Assertion (A) and the other is labelled as Reason (R).Assertion(A)- Standard Deviation is superior than the other measures of dispersion.nReason(R)- It possesses almost all the requisites of a good measure of dispersion.nSelect the correct answer from options given below

Both A and R are true and R is the correct explanation of A

Both A and R are true but R is not the correct explanation of A

It should not be rigidly defined

It should be based on all observations

It should not be affected by fluctuation of sampling

It should be affected by fluctuation of sampling

It should not be based on all observations

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