what are the properties of dispersion
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Characteristics of a Good Measure of Dispersion
- It should be easy to calculate & 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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Step-by-step explanation:
It should be easy to calculate & 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.
It should be capable of further mathematical treatment and statistical analysis.
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