In this module, you can study the basic statistical measures of dispersion: range, variance and standard deviation.
The video above is a good explanation from Khan Academy about statistical measures of dispersion: range, variance and standard deviation.
Variation and standard deviation both show how spread out the data set is.
A data set of any size can have a large or a small standard deviation.
Use these search terms to find your own resources:
measures of dispersion
range, variance and standard deviation