What are the different measures of dispersion?

Measures of dispersion quantify the spread or variability of a dataset. The most common measures include the range, which is the difference between the maximum and minimum values; the variance, which reflects the average squared deviation from the mean; and the standard deviation, the square root of the variance, providing a measure of spread in the same units as the data. Additionally, the interquartile range (IQR) measures the spread of the middle 50% of the data, highlighting the range between the first and third quartiles.