Economy, asked by sadhanakhare20471, 7 months ago


"Average, measures of dispersion and skewness are complementary to one other ,in understanding a
frequency distribution elucidate the statement.

Answers

Answered by Anonymous
1

The dispersion measures or average measurements represent the entire series.

  • The value is often between the minimum and maximum values and are usually located in the centre or middle of the distribution of frequencies containing their key characteristics.
  • In statistical analysis , data condensation is important because a large number of big figures are not only confounding to the mind, but also difficult to analyse.
  • Dispersion is the degree of variance of a central variable. Dispersion not only provides a general idea of a series' variability, but also a precise measure of the variation.
  • Central trend indicators inform about the concentration of items around the core value, and measures of skewness tell us whether the average dispersion of items is symmetrical.
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