State the characteristics of good measure of variation. 

A good measure of variation, also known as a measure of dispersion or spread, provides valuable insights into the spread or distribution of data points within a dataset. A measure of variation complements the use of central tendency measures like mean or median and helps in understanding how the data points are distributed around the central value. Below are the characteristics of a good measure of variation:

1. Reflects True Dispersion: A good measure of variation should accurately represent the extent of the spread of data points. It should capture the differences among individual data points from the central value or mean.

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