MLchartDataset catalogue

Dispersion

Term · Insurance and risk management · MLC-T-INS-001198

The degree to which data points in a set are spread out from the average or mean. In risk management, dispersion measures the variability or volatility of potential outcomes, such as claims frequency or severity. Statistical measures like standard deviation and variance are used to quantify dispersion and assess risk.

Table 1. Record
IdentifierMLC-T-INS-001198
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-001198",
  "term": "Dispersion",
  "field": "Insurance and risk management",
  "definition": "The degree to which data points in a set are spread out from the average or mean. In risk management, dispersion measures the variability or volatility of potential outcomes, such as claims frequency or severity. Statistical measures like standard deviation and variance are used to quantify dispersion and assess risk.",
  "url": "https://mlchart.com/terminology/insurance/dispersion/"
}

Record 1,017 of 3,682 in Insurance and risk management terminology (MLC-0106). Request the full dataset.