Q.1 State the meaning of dispersion. Write the difference between Absolute and relative dispersion.
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1) Dispersion is the state of getting dispersed or spread. Statistical dispersion means the extent to which a numerical data is likely to vary about an average value. In other words, dispersion helps to understand the distribution of the data.
2)Absolute & relative dispersion are two different ways to measure the spread of a data set... The easiest way to differentiate relative dispersion/absolute dispersion is to check whether your statistic involves units. Absolute measures always have units, while relative measures do not.
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