state the characteristics of an ideal measures
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A good measure of dispersion should possess the following characteristics: (i) It should be simple to understand. (ii) It should be easy to calculate. (iii) It should be based on all the observations of the series. (v) It should be suited for further algebraic treatment.Read more on Sarthaks.com - https://www.sarthaks.com/722992/list-the-five-characteristics-of-an-ideal-measure-dispersion
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should be simple to understand. (ii) It should be easy to calculate. (iii) It should be based on all the observations of the series. (iv) It should be rigidly defined.
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