Examlex
Students from marketing research class collect data from three areas on campus.When they analyze their data the responses are very similar.The students can state they achieved which of the following?
Standard Deviation
A statistic that measures the dispersion or spread of a set of data points relative to its mean.
Standard Deviation
A statistical measure that indicates the dispersion or variability of a set of data points in relation to their mean.
Variability
The extent to which data points in a data set or distribution differ from each other and from the central value (mean or median).
Mean
The statistical measure that divides the sum of all values in a data set by the number of values, commonly known as the average.
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