Standard deviation and variance are both measures of variability, but standard deviation is a better measure because it takes into account all data points where as the variance only takes into account half of the data points

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Quizplus · Accepted Answer

This statement is false. Variance takes into account all data points, just like standard deviation. However, standard deviation has the advantage of being in the same units as the data, making it more interpretable. Variance, on the other hand, is in squared units and can be harder to interpret.

Standard Deviation and Variance Are Both Measures of Variability, but Standard