Advantages of standard deviation - measure of dispersion, Operation Research

Assignment Help:

Advantages of Standard  deviation

a.Standard  deviation is based on all the observations and is rigidly  defined.

b.It is  amenable to algebraic  treatment  and possesses many mathematical properties.

c.It is possible to calculate the combine standard deviation  of two more  group. This is not  possible with any  other  measure.

d.It is less affected by  fluctuations of sampling  than most other measures  of dispersion.

e.For  comparing  variability of two  or more  series coefficient  of variation is considered as most  appropriate and this  is based on S. D mean.

 

 


Related Discussions:- Advantages of standard deviation - measure of dispersion

MODERN MANAGEMENT, DISCUSS THE SIGNIFICANCE AND SCOPE OF OPERATION RESEARCH...

DISCUSS THE SIGNIFICANCE AND SCOPE OF OPERATION RESEARCH IN MODERN MANAGEMENT

Cgj, application&techniques

application&techniques

Determine the required factors of production in a company, 1)  Provide a de...

1)  Provide a description of the required factors of production, grouping them according to whether the factors of production are a) Fixed and hence unlikely to vary much accord

Liner programming problem, A constraints in an LPP restricts? (Value of obj...

A constraints in an LPP restricts? (Value of objective function,Value of decision variable,Use of available resources, uncertainty of optimum value) please help me to find out righ

Prepare an executive level financial report, Research Project I will as...

Research Project I will assign a project for your class. The following description is an example of such a project. I may select the following company, may select a different c

Analyzing marketing problems and cases , Cases are generally based on certa...

Cases are generally based on certain issues and problems. Diagnostic, analytical and decision making skills help in case solution. A case study or case based assessment is designed

Sample size in non propbability- sampling decisions, Sample Size in Non Pro...

Sample Size in Non Propbability The probability  selection does not apply  to purposive  selection. The size  of the  non  probability samples  is selected  in a subjective ma

Answer, A paper mill products two grade of paper viz., X & Y. Because of ra...

A paper mill products two grade of paper viz., X & Y. Because of raw material restriction, it cannot produce more than 400 tons of grade X paper & 300 tons of grade Y paper in a we

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd