Which measure of dispersion is best give any two reason?
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Standard deviation is considered to be the best measure of dispersion and is thereore, the most widely used measure of dispersion. (i) It is based on all values and thus, provides information about the complete series. Because of this reason, a change in even one value affects the value of standard deviation.
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Standard deviation is considered to be the best measure of dispersion and is therefore, the most widely used measure of dispersion. (i) It is based on all values and thus, provides information about the complete series. Because of this reason, a change in even one value affects the value of standard deviation
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