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

if one no. is repeated 2-3 times in machine-1 and machine-2 what is to be prefer first

A constraints in an LPP restricts? (Value of objective function,Value of decision variable,Use of available resources, uncertainty of optimum value) please help me to find out righ


Maximize p = (3)x + 2y subject to 2x + y 3x + 4y >= 12

Problem 1 (Problem 23, page 507) At a machine tool plant, five jobs must be completed each day. The time it takes to do each job depends on the machine used to do the job. If a mac


there are 5 plants located in different cities and manufacturer a common produt A


This method involves a systematic and comprehensive study of a particular community organization group etc, with a view to the analysis of a social problem and the presen