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when you're advertising your return you want to make it look
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as big as possible.
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We also need some measure of--
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We've been talking here about measures of central tendency only
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and in finance we need, as well,
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measures of dispersion, which is how much something varies.
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Central tendency is a measure of the center
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of a probability distribution of the--
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Central tendency is a measure--
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Variance is a measure of how much things change
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from one observation to another.
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We have variance and it's often represented by σ2,