A fund managed by an investment company which lifts up capital from financier and invests in a pool of assets.…
The line which expresses the trend of two observed values is called a regression line. For example if the sample…
Rank correlation is used in a situation when the variable under consideration is not measurable e.g. intelligence, knowledge, experience, beauty…
Correlation measures the degree of interdependence (association) between two variables. If two variables are so related that an increase or…
Characteristic of data which describes the extent to which the observations vary among themselves is called dispersion. In other words…
Characteristic of data which describes the extent to which the observations vary among themselves is called dispersion. In other words…
The calculation of Coefficient of Variation is important because standard deviation can only be used to measure dispersion present in…
Standard deviation is the most widely used measure of dispersion. It is defined as the positive square root of sum…
In case of mean absolute deviation every observation is taken into consideration. Mean absolute deviation is the arithmetic mean of…
Quartile deviation or semi-interquartile range is the dispersion which shows the degree of spread around the middle of a set…