Question

Characteristics of measures of dispersion

Answer 1

Answer:

It should be based on all the observations of the series. It should be rigidly defined. It should not be unduly affected by sampling fluctuations. It should be capable of further mathematical treatment and statistical analysis.

Answer 2

HI ALL MATES

There are various tools to measure dispersion, namely Range, Average Deviation, Standard Deviation, Variance and Coefficient of Variation. Range: This is the simplest possible measure of dispersion and is defined as the difference between the largest and smallest values of the variable. In symbols, Range = L – S.