RESEARCH METHODOLOGY

STATISTICAL TECHNIQUES AND TOOLS

MEASURES OF VARIABILITY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is NOT a Measure of Variability?
A
Average Deviation
B
Mean
C
Range
D
Variance
Explanation: 

Detailed explanation-1: -Answer and Explanation: The mean and median are not measures of variability, they are instead measures of central tendency.

Detailed explanation-2: -Variability is most commonly measured with the following descriptive statistics: Range: the difference between the highest and lowest values. Interquartile range: the range of the middle half of a distribution. Standard deviation: average distance from the mean.

Detailed explanation-3: -The standard deviation is considered as the best measure of the variability.

There is 1 question to complete.