Question: Give three additional commonly used statistical measures for the characterization of data dispersion that are not illustrated in the chapter. Discuss how each measure can
Give three additional commonly used statistical measures for the characterization of data dispersion that are not illustrated in the chapter. Discuss how each measure can be computed efficiently in large databases. Consider measures such as interquartile range, mean absolute deviation, or median absolute deviation, and explain their significance in understanding data variability. Provide examples of scenarios where these measures might be particularly useful and discuss techniques or algorithms that can be used to compute these measures on large datasets
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