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    Variability



    Hi,

    I have a question for my home work about finding the 3 measure sof vairability for the variable that is given to us.but i am little confuse that range, SD and semiquartile are the 3 measures or range, SD and variance are 3 measures of vairability?

    A.

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    Standard deviation and variance are the most common measures of dispersion (variability) for data sets using the arithmetic mean as a measure of location, and for data sets where you use the median as the measure of location, a good measure is the interquartile range (75th percentile minus the 25th percentile).

    The simple range (max - min) can be used in either case to measure dispersion, but it's not that great because it only uses the extremes.

    ...and I've never heard of the semiquartile.

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    Thank you


    Thanks john.
    A.

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