state any 5 requisites for a good measure of dispersion
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Characteristics of a Good Measure of Dispersion
It should be easy to calculate and simple to understand.
It should be based on all the observations of the series.
It should be rigidly defined.
It should not be affected by extreme values.
It should not be unduly affected by sampling fluctuations.
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Explanation:
Characteristics of a Good Measure of Dispersion
It should be easy to calculate and simple to understand.
It should be based on all the observations of the series.
It should be rigidly defined.
It should not be affected by extreme values.
It should not be unduly affected by sampling fluctuations.
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