Variability In Descriptive Statistics With Examples

Variability is a statistical unit that is used to create conclusions from a data set. It is used by researchers and statisticians in several fields to make deductive assertions through a series of tests.In descriptive statistics refers to the spread or dispersion of data points around a central tendency. Measures of variability, such as range, interquartile range, variance, and standard deviation, help us understand the spread of data. This article delves into the various measures with examples.

Definition: Variability

In statistics, variability is the extent to which data in a data set varies. It shows how much the elements in a data group differ by metrics such as size.

The most common methods of measuring variability are:

• Range – The difference between the highest and the lowest value in a data set, the average of the two is known as the midrange.
• Interquartile range – The middle range of your ordered data, the difference between the third and first quartile.
• Standard deviation – The dispersion of data values from the group’s nasty, derived as the square root of the variance.
• Variance – It quantifies the average squared deviation of individual data points from the nasty, calculates the difference between the dataset and average.

Why is variability important

Data sets that display low variability can design predictive models, as they are reasonably consistent. High variability scenarios are hard to predict due to their wide dispersion.

Data groups may have the same central tendency but exhibit different variability. Thus, variability supplements central tendency and other statistical measures to give a stronger summary of the conclusions from a test.

Measuring variability: Range

It is the difference between the largest and the smallest value. The formula for the range is expressed as:

Calculating the statistical range of data gives a relatively accurate measure of variability. However, outliers in the data group may give misleading conclusions. Outliers refer to extreme values that are dissimilar from other values in a group.

The last value is an outlier. Outliers can affect deductions from the range because the range only considers two numbers, i.e., the largest and the smallest. The ranges should therefore be applied alongside other measures.

Range calculation example

If you have 6 data elements from a sample:

Measuring variability: Interquartile range

The interquartile range (IQR) is the range of the middle values in an ordered data set. Quartiles are used in descriptive statistics to divide an ordered data group into four equal parts.

Interquartile range calculation example

The interquartile range is calculated as follows using a previous day’s data set:

Q1 can be expressed as the 2nd element which is 25 while Q3 is the 5th element which is 45

Measuring variability: Standard deviation

The standard deviation is the nasty of the variability in a data group.

Calculating standard deviation involves six steps:

1. Outline every score and calculate the nasty.
2. Deduct the value of the nasty from each score to find the deviation.
3. Find the square of each deviation.
4. Find the sum of the squared deviations.
5. Divide the total squared deviations by n-1.
6. Calculate the square root of each result.

Standard deviation with a sample

Data samples are subsets of data groups derived from the selection and analysis of patterns in a population. The standard deviation of a sample is calculated from the following formula:

Standard deviation calculation example

From the data set proposed:

Standard deviation with a population

A statistical population in descriptive statistics refers to the pool of individuals or objects that a researcher is interested in. The standard deviation of a population is calculated as follows:

Measuring variability: Variance

Variance is the nasty of the squared deviations from the average of the data group. It is derived by squaring the standard deviation.

Variance with a sample

The following formula is used to calculate the variance of a sample:

Variance calculation example

From our previous data set:

Variance with a population

You can also determine the variance of a population. The formula for finding the variance of a population is:

Determining the best measure of variability

The distribution and level of measurement dictate the most suitable measure.

Level of measurement:

• The range and interquartile measures are preferable for ordinal measurements. Standard deviation and variance are used for sophisticated ratio measurements.

Distribution:

• All the measurement types can be applied for normal distributions.
• Variance and standard deviation are used often because they consider every element of a data group.
• However, this also makes them highly susceptible to outliers.
• For data groups with outliers such as skewed distributions, it is best to use the interquartile range as it focuses on the dispersion in the middle.