The document discusses different methods for measuring the spread or dispersion of data values in a data set, including range, interquartile range, variance and standard deviation. It explains how to calculate each measure and what each conveys about how concentrated or spread out the data is. The standard deviation is highlighted as one of the most important measures for understanding how dispersed data values are from the mean.
The document discusses different methods for measuring the spread or dispersion of data values in a data set, including range, interquartile range, variance and standard deviation. It explains how to calculate each measure and what each conveys about how concentrated or spread out the data is. The standard deviation is highlighted as one of the most important measures for understanding how dispersed data values are from the mean.
The document discusses different methods for measuring the spread or dispersion of data values in a data set, including range, interquartile range, variance and standard deviation. It explains how to calculate each measure and what each conveys about how concentrated or spread out the data is. The standard deviation is highlighted as one of the most important measures for understanding how dispersed data values are from the mean.