Which of the following is correct about measure of dispersion?

It does not measure direction of the variation.

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Dispersion measures the extent to which the items vary from some central value

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Measures only degree of variation

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All of the above

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Solution

The correct option is D All of the above
Dispersion measures the extent to which the items vary from some central value. It measures only degree of variation not measure direction of variation.

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Similar questions

Some measures of dispersion depend upon the spread of values whereas some calculate the variation of values from a central value. Do you agree?

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