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

  1. Laspeyre's Price Index
  2. Fisher's Ideal Index Method

Commodities

2004

2005

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

Describe the major components of a business plan, Question 1: Before st...

Question 1: Before starting a small business, individuals need to ensure that they have certain essential characteristics. Discuss the personal characteristics that are requi

Discuss and analyze environmental protection programs, A clean environment ...

A clean environment is a basic component of quality service and is thus important for the development of travel, tourism and hotel industries. The sustainable prosperity of travel,

Electronic purchase orders, QUESTION 1 (a) Requirements engineering is ...

QUESTION 1 (a) Requirements engineering is the process of discovering, documenting and maintaining a set of requirements for a computer - based system. What are requirements?

Monetary policy, Indicate how each of the listed variables(GDP, consumption...

Indicate how each of the listed variables(GDP, consumption and interest rates change in each of the following separate events. Briefly explain. a. The recent strengthening of t

Elaborate the types of psychographic segmentation, Question 1 Analyse t...

Question 1 Analyse the economic factors that affect the commercial real estate market in USA 2 Elaborate the types of Psychographic Segmentation 3 Explain the concepts 1.

Business conflicts, what are the duties and rights or obligations of the le...

what are the duties and rights or obligations of the leaser and lessee and cases studies to conflicts on either of the two and how they have been resolved?

Organisation, enumerate on the princeples of organisation

enumerate on the princeples of organisation

Provide an outline of the balanced scorecard method, A) The future usefulne...

A) The future usefulness of any Performance Management initiative in an organization is underpinned by the determination of Key Performance Indicators (KPI). Provide a brief outlin

Describe five benefits of performing a quality audit, QUESTION Before d...

QUESTION Before designing a Total Quality Management system for an organisation, a quality audit is a must. (a) Describe five benefits of performing a quality audit. (b)

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