Variation in statistics refers to how spread out or clustered together a set of data points are. It's a measure of the dispersion of a distribution.
There are several ways to measure variation, including:
- Range: The difference between the highest and lowest values in a dataset.
- Variance: The average of the squared differences from the mean.
- Standard Deviation: The square root of the variance, providing a measure of dispersion in the original units of the data.
Understanding variation helps in interpreting data, making predictions, and comparing different datasets.
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