The variance of a random variable X provides us with a measure of central location of the distribution of X.

Name: The variance of a random variable X provides us with a measure of central location of the distribution of X.
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Quizplus · Accepted Answer

The variance of a random variable X actually provides us with a measure of variability or spread of the distribution of X, not a measure of central location. The measure of central location is typically determined by the mean or median of the distribution.

The Variance of a Random Variable X Provides Us with a Measure