How do we calculate variance
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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.
It is the measure of central tendency.
for answer study the handouts of STA 301 of vu.
coefficient of variation
They are some measure of the dispersion or range of numbers in the set of data.