It is not enough to know only the mean or some other measure of the central tendency: it is useful to know the dispersion. If, in a test, the average score is 50 and you score 52 you have clearly scored better than average but how much better? If the scores range from 0 to 100, you are pretty close to average whereas if they range from 48 to 52 you are amongst the top of the class!
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Statistical dispersion, a quantifiable variation of measurements of differing members of a population
Dispersion is an abstract quality of a sample of data. Dispersion is how far apart or scattered the data values appear to be. Common measures of dispersion are the data range and standard deviation.
no
No
Relative dispersion = coefficient of variation = (9000/45000)(100) = 20.