Merits and Demerits of Mean Deviation
Merits: - Mean deviation is easy to calculate. This measure is simple to understand. This can be calculated from any average. Its value is based upon all the (observations) items of the data. It is less affected by extreme observations. It gives us an idea about how the items ar..
Merits:
Mean deviation is easy to calculate. This measure is simple to understand. This can be calculated from any average. Its value is based upon all the (observations) items of the data. It is less affected by extreme observations. It gives us an idea about how the items are situa..
Concept of Deviation, it's Merits and Demerits
Introduction - Today graphics, tables, reasoning, estimation and prediction are playing a very important role in stating the facts in terms of figures. Statistics deals mainly in communicating facts and figures in terms of a method called statistical method. Collection, classification, tabulation, ..
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