Measures of Dispersion

Measures of dispersion are statistical tools that provide insight into the spread, variability, and distribution of data sets. These metrics, including range, variance, standard deviation, and interquartile range, are essential for understanding how data points differ from the mean and from each other. By analyzing these measures, researchers and statisticians can assess data consistency, identify outliers, and make informed decisions based on the variability present in the data. This category explores various measures of dispersion, their calculations, interpretations, and applications in real-world scenarios, highlighting their importance in data analysis.