Demerits of range - measure of dispersion , Operation Research

Demerits  of Range

a.It gives  importance  to the  two  extreme  values and is very much affected by the extreme items.

b.The range  provides  no information  about the  structure of the  series.

c.Range  is influenced very much  by fluctuations of  sampling.

d.Due to  the above  demerits disadvantages  range is not a  reliable  measure of dispersion.

 

 

Posted Date: 3/4/2013 2:31:07 AM | Location : United States







Related Discussions:- Demerits of range - measure of dispersion , Assignment Help, Ask Question on Demerits of range - measure of dispersion , Get Answer, Expert's Help, Demerits of range - measure of dispersion Discussions

Write discussion on Demerits of range - measure of dispersion
Your posts are moderated
Related Questions
Explain Decision Making Process. Decision Making Process: A good decision can only be prepared as a result of a rational decision making process. The different stages of the

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

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

Classification of documents by information Characteristics: The schemes of classification advocated by Hanson and Grogan are mainly based on the information characteristics of

This assessment aims to provide students with the opportunity to hone their analytical and decision- making skills. It also aims to help students develop their ability to think cre

Operation Research may be regarded as a tool which is utilized to increase the effectiveness of the management decisions. O R is objective supplement to the subjective feeling

Meaning of Research Report Research  report is the process of communicating  the  results  of an investigation it  is a document which  reflect about  the research conducted a

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 ot grade Y paper in

Convenience  Sampling In  convenience  sampling  selection the researcher chooses the  sampling  units on the   basis of convince or  accessibility. It is  called  accidental

discuss the seauencing decision problem for n jobs on two and three machines