Tag Archives | deviation

Notes on the merits and demerits of Standard Deviation

Among all measures of dispersion Standard Deviation is considered superior because it possesses almost all the requisite characteristics of a good measure of dispersion. It has the following merits:

Notes on the merits and demerits of Quartile Deviation

The merits and demerits of Quartile Deviations are : (1) It is easy to calculate and simple to follow. (2) It is not affected by the extreme values and is, therefore, useful in skewed distributions.

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