The variability measure can be a summary used to signify the dispersion sum within a dataset. It implies how far the info details are from the center.
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Outlining it even more using an example: If you have to compute the marks of one hundred fifty pupils of a category, understanding of Descriptive statistics is usually applied but on the other hand if you need to compute the marks of complete learners of Australia, you'll want to use the expertise in Inferential statistics wherein an accurate sample from a certain inhabitants is drawn to find the consequence.
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