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
Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0

The manufacturer of the product is finding that, in order to stay competitive, a number of things need to happen: Components of the product need to be made from more sustaina

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

3. 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 pape

scope of operation research\

DECILES The nine points  on the scale of observations  ( or  values of the variable) which divide the total  frequency into ten  equal parts  are called deciles for the data

Two Handed process Chart of Signing a Latter     A multiple  activity  chart  records the related  sequence of activities  of more  than one subject, men  and / or  machine  o

Information on Research Done Information on Doctoral research work already done  is available from  the followings  sources: a. Bibliography of Doctoral  Dissertations Acce

explain the procedure of MODI method of finding solution through optimaly test.