CBSE Class 11 Economics Measures of Dispersion (1)

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MEASURES OF DISPERSION STANDARD DEVIATION

                                                          Very short answer questions 

                                                        1. What is meant by a measure of dispersion?

                                                        2. Define the following terms:

                                                         a) Standard Deviation

                                                         b) Coefficient of variation

                                                         c) Lorenz-Curve

                                                         d) Variance.

                                                         e) State the formula of coefficient of variation.

                                                     3. What is the best measure of dispersion to check consistency of two or more distributions?

                                                     4. What is the main difference between standard deviation and mean deviation?

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