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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.
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A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i
Research Abstracts Abstracts of researches completed are available from the followings publications: a. ICSSR Research Abstracts: contain abstracts of research projects
These models deal with the selection of an optimal course of action given the possible pay offs and their associated probability of occurrence. These models are broadly
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A PAPER MILL PRODUCES TWO GRADES OF PAPER VIZ, X AND Y. BECAUSE OF RAW MATERIALS RESTRICTIONS, IT CANNOT PRODUCE MORE THAN 400 TONS OF GRADE X PAPER AND 300 TONS OF GRADE Y PAPER I
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