The following points highlight the five types of measures of variability. The types are: 1. Range 2. Standard Deviation 3. Variance 4. Standard Error 5. Coefficient of Variation. Variability: Type # 1. Range: Range is the difference between the lowest and the highest values present in the observations in a sample. If there are 20 […]
Measures of Variability: 5 Types | Statistics
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