Measures of variability are numbers that indicate the spread or scatter of observations; they show the extent to which individual values in a data set differs from one another and, hence, differ from their central location.

Question

Quizplus · Accepted Answer

This statement is true. Measures of variability such as range, variance, and standard deviation provide information on how much the data points deviate or vary from the central tendency.

Measures of Variability Are Numbers That Indicate the Spread or Scatter