Measures of Variability: Range, IQR, Variance, STD

measures of variability

When we think about data analysis, the first concepts that often come to mind are measures of central tendency—mean, median, and mode—which summarize the “center” or typical value of a dataset. However, knowing the average alone isn’t enough to fully understand data. Two datasets can have the same mean but vastly different distributions. This is … Read more

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