Disadvantage of standard deviation - measure of dispersion, Operation Research

Assignment Help:

Disadvantage  of standard Deviation

It is not  easy  to understand  and calculate.

It gives  more  weight  to the extremes  and less  to the items   nearer to mean. Since the squares  of the  deviation of bigger size would  be proportionate greater than  which  are comparatively small. The deviation  2 and 6  are in the  ration of 1:3 but their squares 4 and 36 would  be in the  ration of 1.9.

 

 


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

Least cost methods, The NW  corner  rule  described  earlier considers only...

The NW  corner  rule  described  earlier considers only  the availability  and supply  requirements  in making  assignments. It takes  no account  of the shipping  costs  given  in

Liner proggraming , A paper mill products two grade of paper viz., X & Y. B...

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

Sequential sampling -sampling decisons, Sequential Samplin The previou...

Sequential Samplin The previous  has shown  that the sampling  units  were drawn  prior  to the drawing of the actual   sample  and has  a fixed  size. But the  sequential  sa

LINEAR PROGRAMMING, A DRUG MANUFACTURER produces 2 products X1 and X2.X1 ne...

A DRUG MANUFACTURER produces 2 products X1 and X2.X1 needs 2 hours on machine A AND 2 HOURS ON MACHINE B.X2 needs 3 hours on machine A and 1 hour on machine B.If machine A can run

Simplex method LPP, #questioA paper mill produces two grades of paper viz.,...

#questioA 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

Techniques of operations research, There is no unique set of problems which...

There is no unique set of problems which can be solved by using operations Research Models r techniques. Several operations Research Models or techniques can be grouped into some b

Game thoery, In a rectangular game, pay-off matrix of player A is as follow...

In a rectangular game, pay-off matrix of player A is as follows: i) Solve the game. ii) Write down the pay-off matrix of B and then, solve the game.

Evolution, how did operation research evolve

how did operation research evolve

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