Uses of mean deviation - measure of dispersion, Operation Research

Uses  of Mean  Deviation

Mean  Deviation  is rarely being used as a measure of dispersion. But  due to  easy  and  simplicity  in calculation. It  is rather  useful  in business  and economics. This is also  used by  national bureau of economic research America for studying  business cycles.

 

Posted Date: 3/4/2013 2:48:21 AM | Location : United States







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