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Assume the existence of a bankaccount class. define a derived class, savingsaccount that contains two instance variables: the first a double, named interestrate, and the second an integer named interesttype. the value of the interesttype variable can be 1 for simple interest and 2 for compound interest. there is also a constructor that accepts two parameters: a double that is used to initialize the interestrate variable, and a string that you may assume will contain either "simple", or "compound", and which should be used to initialize the interesttype variable appropriately. there should also be a pair of functions getinterestrate and getinteresttype that return the values of the corresponding data members (as double and int respectively).
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Explain the circumstances for which the interquartile range is the preferred measure of dispersion. what is an advantage that the standard deviation has over the interquartile range? choose the correct answer below. a. the interquartile range is preferred when the distribution is symmetric. an advantage of the standard deviation is that it increases as the dispersion of the data increases. b. the interquartile range is preferred when the data are not skewed or no have outliers. an advantage of the standard deviation is that it uses all the observations in its computation. c. the interquartile range is preferred when the distribution is symmetric. an advantage of the standard deviation is that it is resistant to extreme values. d. the interquartile range is preferred when the data are bell shaped. an advantage of the standard deviation is that it is resistant to extreme values. e. the interquartile range is preferred when the data are skewed or have outliers. an advantage of the standard deviation is that it uses all the observations in its computation. f. the interquartile range is preferred when the data are bell shaped. an advantage of the standard deviation is that it increases as the dispersion of the data increases.
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