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What is dispersion?
statistical measures that summarise the amount of spread or variation in the distribution of values in a variable.
Range
Mean Deviation
Standard Deviation
RANGE
Difference between the highest (maximum) and lowest (minimum) value in the distribution of values.. Symbolically, R=LS Where L = Largest value, S = Smallest value, R = Range Example: Weekly income of 10 people:
Q.D=
Q3 Q1 2
MEAN DEVIATION
absolute difference between each value of the statistical variable and the average.