Measures of Dispersion
- Not "Where is the middle of the data?" but "How spread out is the data?"
- A quick version is the range
- standard deviation measures how much the data differs from the mean.
- s for a sample, σ for a population.
- s = sqrt((Σ(x-x̄)2/(n-1)))
- For small data sets
- The higher any of these measurements are, the more spread out the data is.
- Do some problems.