Provide an explanation for each of the following asset accounts. 
Definitions:
Range
A measure of variability, defined to be the largest value minus the smallest value.
Midrange
The statistical measure that calculates the average of the maximum and minimum values in a data set, giving a rough estimate of the data's central tendency.
Standard Deviation
An evaluation metric for the amount of variation or distribution in a set of numerical values.
Variance
A measure of the dispersion of a set of values, calculated as the average of the squared deviations from the mean.
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