Measures of Variation [BAS 120]
Channel: Wake Tech Business Analytics
Date: 2016-08-08

This video will cover variation, including a definition of variation and the measures of variation: range, interquartile range, variance, standard deviation, and standardization; as well as testing differences between means.

Table of Contents: 

00:00 - Measures of Variation
00:08 - Introduction
00:24 - Definition of Variation
00:44 - Measures of Variation
00:57 - Why is Variation Important?
01:11 - Range
01:27 - Interquartile Range
01:34 - Calculating Variance
02:04 - Standard Deviation
02:58 - Standardization
03:55 - Testing Differences Between Means
05:03 - Summary
05:16 - Copyright Information