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What is Understanding Measures of Dispersion about?
This document discusses measures of dispersion, which quantify how widely distributed data is around a central value. There are two types: absolute measures, which have the same units as the data (e.g. range, variance, standard deviation); and relative measures, which are dimensionless ratios (e.g. coefficient of variation). Common absolute measures calculate the difference between highest/lowest values (range), average squared deviations from the mean (variance), and the square root of variance (standard d
- Author
- Jerome Monserrat
- Language
- EN