Explain the various measures of dispersion, Business Management

Assignment Help:

Question 1 Define the term Statistics. Describe its functions and limitations with examples

Question 2

1. Explain the various measures of Dispersion

2. The following data relate to the prices and quantities of 4 commodities in the year 2004 and 2005. Construct the following index numbers of price for the year 2005 by using 2004 as the base year

Laspeyre's Price Index
Fisher's Ideal Index Method

Commodities	2004		2005
Commodities	Price	Quantity	Price	Quantity
A	5	100	6	150
B	4	80	5	100
C	2.5	60	5	72
D	12.0	30	9	33

Question 3 What is statistical quality control? Discuss the various control charts.

Related Discussions:- Explain the various measures of dispersion

How is the breakeven point computed, How is the breakeven point computed? ...

How is the breakeven point computed? The Break Even Point (BEP) can be computed by using the given relation as follows: BEP = F / 1-V/P

Qestion, How will you inform your managers and supervisors about budgets, r...

How will you inform your managers and supervisors about budgets, reporting requirements and financial delegations? I just want to know

What do you understand by internal controls, QUESTION 3 One of the respo...

QUESTION 3 One of the responsibilities of management is to ensure the organisation has an effective system of internal control. Required (a) What do you understand by inte

Project for flower shop business plan, if can make in 6 hours Perso...

if can make in 6 hours Personal Business Plan . The plan should have the following elements: Executive Summary Products and Services Market Analysis Summary - Ma

Social change and development, Question 1 List and discuss the four ass...

Question 1 List and discuss the four assumptions made by modernization theory about the process of social change in the Third World. Give your own examples to illustrate your d

Political pyramid, gaining comparatively at someone else''s expense

gaining comparatively at someone else''s expense

Leadership and Change Management Styles, If you were Lisa Benavidez, what s...

If you were Lisa Benavidez, what suggestions would you make to Forest''s new CEO

Organizational goals, outline benefits of organizational goals?

outline benefits of organizational goals?

Discovering accident causes, Discovering Accident Causes: Before any step...

Discovering Accident Causes: Before any steps can be taken in it is essential to find out: The causes of previous accidents and The existing hazards that may causes

Organizations corporate structure, Select an organization of your choice. T...

Select an organization of your choice. The organisation could be one where you work or one where a close family member, or friend, works. It is important that you have access to a

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages