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The Absolute Measure of dispersion is basically the measure of variation from the mean such as standard deviation. On the other hand the relative measure of dispersion is basically the position of a certain variable with reference to or as compared with the other variables. Such as the percentiles or the z-score.
How do we calculate variance
It is the measure of central tendency.
for answer study the handouts of STA 301 of vu.
coefficient of variation