Q. Variance is a measure of
(A) Location
(B) dispersion
(C) Skewness
(D) none of these
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it is a measure of variability
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The variance is a measure of variability. It is calculated by taking the average of squared deviations from the mean. Variance tells you the degree of spread in your data set. The more spread the data, the larger the variance is in relation to the mean.
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