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Variance
A statistical measure of the dispersion of data points in a dataset, quantifying how far each data point lies from the mean.
Sum of Squared Deviations
The total of the squared differences between each observation and the mean of a dataset.
Standard Deviation
An indicator used to assess the degree to which data points diverge or scatter around the average value.
Range
The difference between the highest and lowest values in a dataset, showing the spread of the data.
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