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

 Measures of Dispersion

it includes: 
  • Range (R)
  • Inter-quartile Range
  • Quartile Deviation
  • Standard Deviation

What is Range?

It is the difference between the highest and lowest value of the series.
It is denoted by (R)

R= H-L           where

H is the highest value
L is the lowest value

Coefficient of R =H-L/H+L

How to determine:

A) Individual series:


find R and Coefficient of R
3,8,2,5,6,9,10

Sol: -
R = H-L
H=10
L=2
put into formula

R = 10-2 =8

Coefficient of R =H-L/H+L
          = 10-2/10+2 
          =8/12
          = 0.67
This was an individual series, Next.

B) Discrete Series: -

There is a same formula, but the highest value and the lowest value are in X series(variable) not in Y series(variable). 
R= H-L
H: highest value of X
L: Lowest value of X

Do not see frequency of Y


So,
H =50
K=10
put values in the formula
R= 50-10 = 40

Coefficient of R = H-L/H+L

= 50-10/50+10
= 40/60
= 0.67

C) Continuous Series

there are two ways in this series

Class interval method
Mixed value method

1. Class interval method


R=H-L
H=60 which is highest value
L=10 which is lowest value
R= 60-10
 = 50

Coefficient of R = H-L / H+L
= 60-10 / 60+10
=50/70
=0.714

2. Mid value method


mid value is central value of C.T


R=H-L
H: 55 is the highest value
L: 15 is the highest value
R= 55-15
=40

Coefficient of R = H-L /H+L
=55-15/55+15
=40/70
=0.57
That was our Range.

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