What is the primary purpose of using measures of spread in data analysis?

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Using measures of spread in data analysis primarily serves to assess the distribution and variability of data. These measures—such as range, variance, and standard deviation—provide crucial insights into how much the values in a dataset differ from one another and from the mean. Understanding the spread helps analysts identify patterns, outliers, and the overall structure of the data, which are essential for making informed decisions and interpretations.

Knowing the variability allows for a deeper understanding of the dataset beyond just its central tendency (like the mean or median). For example, two datasets can have the same average but vastly different spread, indicating that one is more consistent while the other is more volatile. Therefore, measures of spread are integral to a comprehensive analysis, highlighting the importance of variability in data interpretation.

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