This document discusses measures of dispersion, specifically standard deviation and quartile deviation. It defines standard deviation as a measure of how closely values are clustered around the mean. Standard deviation is calculated by taking the square root of the average of the squared deviations from the mean. Quartile deviation is defined as half the difference between the third quartile (Q3) and first quartile (Q1), which divide a data set into four equal parts. The document provides examples of calculating standard deviation and quartile deviation for both individual and grouped data sets. It also discusses the merits, demerits, and uses of these statistical measures.