Examlex
Which of the following is(are) aimed primarily at explanation?
Standard Deviation
A measure of the amount of variation or dispersion of a set of values, indicating how spread out the values are from the mean.
Variance
A measure of variability that quantifies the spread of a set of data points or the dispersion of a distribution around its mean.
Interquartile Range
A measure of statistical dispersion representing the difference between the upper and lower quartiles of a dataset, providing insights into its variability.
Extreme Values
Observations that are significantly higher or lower than the majority of data points in a data set, often perceived as outliers.
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