Abstract
The last chapter considered several measures in which we can summarize a set of data using just one value. However, as was concluded, these single values do not say very much about the data itself and how it is dispersed (its spread). For instance, it is possible to take two separate sets of data with the same mean, but with great differences in distribution.
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© 2016 Springer International Publishing Switzerland
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Özdemir, D. (2016). Measures of Dispersion. In: Applied Statistics for Economics and Business. Springer, Cham. https://doi.org/10.1007/978-3-319-26497-4_4
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DOI: https://doi.org/10.1007/978-3-319-26497-4_4
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