Measures of Dispersion | Range | Inter Quartile Range | Dispersion | Statistics | Economics | CUET.

 Measures of Dispersion

KeyPoint: 
Range (R)
Inter Quartile Range
Quartile deviation (QD)
Mean deviation
Standard deviation

A) Range (R): It is the difference between the highest and the lowest value of the series.

R= H-L      where H is the highest value and L is the lowest value.

coefficient of R =    H-L H+L

Find them
(A) Individual series:
find R and Coef. of R
if
3,8,2,5,6,9,10
sol:                    R = H-L
                              = 10-2
                                  
                      coef. of R = H-L / H+L
                                       = 10-2/10+2
                                       = 8/12
                                        = 0.67
(B) Discrete Series:
same formula

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