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Dispersion / Variability
• Dispersion
– How tightly clustered or how variable the values are in a data set.
• Example
– Data set 1: [0,25,50,75,100]
– Data set 2: [48,49,50,51,52]
– Both have a mean of 50, but data set 1 clearly has greater Variability than data
set 2.
• Dispersion is the degree to which data is distributed around this central tendency.
• Is represented by range, deviation, variance, standard deviation and standard error.
Variance: