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…
Quartile deviation or semi-interquartile range is the dispersion which shows the degree of spread around the middle of a set…
First in first out is the method of inventory valuation. As the name implies under FIFO method the first unit…
Range is defined as the difference between the maximum and minimum values of the data. Although Range is the simplest…
Management and shareholders are mainly concerned for the long term returns over investment. In a stable economy where some degree…