U46 Measures of Dispersion: Essential Formulas
This section covers key formulas and concepts for measuring the spread or variability of a data set, including range, inter-quartile range, variance, and standard deviation.
1 Range and Inter-quartile Range (IQR)
Range
The simplest measure of dispersion. For a set of data, the range is the difference between the largest value $x_{\max}$ and the smallest value $x_{\min}$.
Inter-quartile Range (IQR)
A measure of spread that is less affected by extreme values. It is the range of the middle 50% of the data, calculated as the difference between the upper quartile $Q_3$ and the lower quartile $Q_1$.
2 Variance and Standard Deviation
Variance for Ungrouped Data
The average of the squared differences from the mean $\mu$. For a data set $x_1, x_2, \dots, x_n$ with mean $\mu$, the variance $\sigma^2$ is given by:
Alternatively, a more convenient computational formula is:
Standard Deviation
The most common measure of dispersion. It is the positive square root of the variance and has the same units as the original data.
3 Effects of Data Transformations
Adding/Subtracting a Constant
If a constant $k$ is added to (or subtracted from) each data value, the measures of spread (range, IQR, standard deviation, variance) remain unchanged.
Let the original data set have standard deviation $\sigma_x$ and variance $\sigma_x^2$. For the new set $y_i = x_i + k$, we have:
Multiplying/Dividing by a Constant
If each data value is multiplied by a constant $k$, the range, IQR, and standard deviation are multiplied by $|k|$, and the variance is multiplied by $k^2$.
For the new set $y_i = kx_i$, we have:
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