Uses of standard deviation - measure of dispersion, Operation Research

Uses  of Standard Deviation

a.tandard  deviation  is used  widely in statistics unless there is some  definite reason  for not using it.

b.It is used  when  one needs  a measure  of greater stability.

c.Standard  deviation plays  a great  role  in sampling  theory correlation and  regression theory  etc.

d.Standard  deviation is regarded  as best  and  most  powerful  measure of dispersion as mean of  central tendency.

 

 

 

Posted Date: 3/4/2013 10:53:07 PM | Location : United States







Related Discussions:- Uses of standard deviation - measure of dispersion, Assignment Help, Ask Question on Uses of standard deviation - measure of dispersion, Get Answer, Expert's Help, Uses of standard deviation - measure of dispersion Discussions

Write discussion on Uses of standard deviation - measure of dispersion
Your posts are moderated
Related Questions
Simple Graph The values of the two variables are plotted on a graph paper. We get two curves one for x variables and another for y  variables. These  two curves reveal the dir


what are the methodology of operation research

Ask questiAvatars are virtual characters that can be used as representatives of a company that is using the Internet as a distribution channel. For instance, avatars can be used as

Making Decision Lastly a decision  should  be arrived as to whether the null  hypothesis is  to be accepted  or rejected. In  this regard the value  of the test  statistic

Scattered Responsibility and Authority: In a big industry responsibility and authority of decisions making is scattered throughout the organization and thus the organization.

Step 1: Research Towers of Hanoi problem The Towers of Hanoi is a problem frequently used to teach recursive programming techniques. Step 2: Run the assembly code from Hanoim

a question was given but i cannot identify the alternatives and i do not know how to calculate the right amount of payoff.what are the right ways to calculate the payoff table.

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 busin

QUARTILES The three points on the scale  of observation ( or  values  of the variable) which  divide  the total  frequency  into four  equal  parts are called  quartiles for t