A measure of dispersion is a good supplement to the central value in understanding a frequency distribution. Comment.

The study of the averages is only one sided distribution story. In order to understand the frequency distribution fully, it is essential to study the variability of the observations. The average measures center of the data whereas the quantum of the variation is measured by the measures of dispersion like range, quartile deviation, mean deviation and Standard Deviation. For example, if a country has very high income group people and very low income group people, then we can say that the country has large income disparity.

  • 1
What are you looking for?