Peter Flom’s statistics 101: Statistical measures of spread
Why we need statistical measures of spread
When we have quantitative data, one thing we often want to know is where the center is, and, for that, we can look at the mean, median, mode, trimmed mean, and other measures. But we also want to know how spread out the numbers are. Are they all clustered near the median? Or are they all over the place? This can be very important. For example, if you were a 9th grade math teacher, then you would have very different classes if one had scores on a previous test like this:
9.1 9.0 8.9 8.9 9.1 9.0 9.1 8.9 9.0 8.9 9.2 8.8 8.8 9.1
And another had
10.0 8.0 9.0 10.2 7.8 9.0 9.0 7.2 10.8 10.0 8.0 7.5 10.5
Even though both have means right around 9.0.