Advantages of standard deviation - measure of dispersion, Operation Research

Assignment Help:

Advantages of Standard  deviation

a.Standard  deviation is based on all the observations and is rigidly  defined.

b.It is  amenable to algebraic  treatment  and possesses many mathematical properties.

c.It is possible to calculate the combine standard deviation  of two more  group. This is not  possible with any  other  measure.

d.It is less affected by  fluctuations of sampling  than most other measures  of dispersion.

e.For  comparing  variability of two  or more  series coefficient  of variation is considered as most  appropriate and this  is based on S. D mean.

 

 


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

Frequency distribution graphs, Frequency  Distribution Graphs Freq...

Frequency  Distribution Graphs Frequency distribution graphs may be histogram frequency  polygon  frequency  curve  ogive curve.   1. Histogram The histogram is draw  f

Convenience sampling - sampling decisions , Convenience  Sampling In...

Convenience  Sampling In  convenience  sampling  selection the researcher chooses the  sampling  units on the   basis of convince or  accessibility. It is  called  accidental

Linear programming problems, A paper mill produces two grades of paper viz....

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

Assumption for students test , Assumption for  students Test a.The p...

Assumption for  students Test a.The parent population from  which the samples is  drawn in normal. b.The sample observations  are random  i ,e the given  sample is  drawn

.sequencing problem, which job should proceed first among the 2 jobs on n ...

which job should proceed first among the 2 jobs on n machines by graphical method

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.

Operations function - information system, The Operations Function has alway...

The Operations Function has always relied heavily on information for its smooth running. During this course information has been introduced as one of the five inputs to the convers

Game Theory, Task1:- A company is currently involved in negotiation with it...

Task1:- A company is currently involved in negotiation with its union on the upcoming wage contract. Positive signs in the table represent wage increase while negative sign represe

Environmental demands, Problem 1 Explain the key elements, which contri...

Problem 1 Explain the key elements, which contribute to a sound and effective strategy. >>Explanation of following elements Market Consumers Competition Skil

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