Economy, asked by hharish66575, 2 months ago

What are the objectives of the measure of dispersion

Answers

Answered by asmamirza105
1

Answer:

1 To find the average distance of the items from an average. 2 To know the structure of the series. 3 To gauge the reliability of an average. When the dispersion is small, the average is reliable.

Answered by gklmukherjee
2

Answer:

Objectives of measure of dispersion:

(i)Reliability of measure of central tendency

(ii)Control of variability

(iii)Helpful in use of further statistical analysis as in regression, correlation etc

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