Economy, asked by JessiJ, 1 year ago

What is the DIFFERENCE between average and dispersion?

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Answered by rakesh1134
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Answer:

In statistical terms and probability theory, dispersion is the size of the range of values for a random variable or its probability distribution. It describes a

range to which a distribution is stretched or spread. Simply put, it is a measure to study the variability of the items. Skewness, on the other hand, is a measure of the asymmetry in a statistical distribution of a random variable about its mean. The value of skewness can be both positive and negative, or sometimes undefined. Simply put, asymmetric distributions are said to be skewed

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