STATISTICAL TECHNIQUES AND TOOLS
MEASURES OF VARIABILITY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The TWO Measure of Variability in this unit are ____
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Mean
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Median
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IQR
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MAD
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Explanation:
Detailed explanation-1: -The mean absolute deviation (MAD) is a measure of variability that indicates the average distance between observations and their mean. MAD uses the original units of the data, which simplifies interpretation.
Detailed explanation-2: -Measures of Variability: Range, Interquartile Range, Variance, and Standard Deviation.
Detailed explanation-3: -The mean absolute deviation of a dataset is the average distance between each data point and the mean.
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