Demerits of range - measure of dispersion , Operation Research

Assignment Help:

Demerits  of Range

a.It gives  importance  to the  two  extreme  values and is very much affected by the extreme items.

b.The range  provides  no information  about the  structure of the  series.

c.Range  is influenced very much  by fluctuations of  sampling.

d.Due to  the above  demerits disadvantages  range is not a  reliable  measure of dispersion.

 

 


Related Discussions:- Demerits of range - measure of dispersion

Ap problem, Ask question A Company produces 150 cars. But the production ra...

Ask question A Company produces 150 cars. But the production rate varies with the distribution. Production Rate Probability 147 0.05 148 0.10 149 0.15 150 0.20 151 0.30 152 0.15 15

U.S. Healthcare Timeline, 500 word summary written in third person on predi...

500 word summary written in third person on predictions of how current healthcare reform polocies will impact the future of healthcare

Linear programming problem, 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

Usefulness of correlation - correlation regression analysis, Usefulness of ...

Usefulness of Correlation 1.Correlation  is very  useful  to economists  to study  the relationship  between  variables  like  price  and quantity  demanded. To businessmen it

Linear programming, maximize z=3x1+2x2 subgect to the constraints x1+x2 x1-...

maximize z=3x1+2x2 subgect to the constraints x1+x2 x1-x2 x1,x2>_0

Assignment problem, a c++ program to implement assignment problem??????????...

a c++ program to implement assignment problem???????????

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

Discuss how theories is helpful researchers in communication, QUESTION 1 ...

QUESTION 1 i) What do you understand by the following terms? And what is their role in communication theories? Ontology Epistemology Axiology ii) Discuss how

Range - measure of dispersion , RANGE Range  is the difference  betw...

RANGE Range  is the difference  between  the highest  and the  lowest  value is  series. This is the simplest  absolute measure  of dispersion. Symbolically  : R= L- S

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