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What is the difference between measures of central tendency and measures of dispersion?
Measures of central tendency are mean, mode and median , whereas measures of dispersion are variance, standard deviation and interquartile range (it explains the extent to which distribution stretched or squeezed).
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Measure of dispersion is used to quantify the size of the differences of a variable. The central tendency measures its 'average' behaviour. Central tendency and dispersion measure different properties of a distribution.
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