Categories: Economics NECO

The following are advantages of standard deviation EXCEPT that it?

A. has greater practical utility In sampling
B. is a good measure of dispersion since all the values are used in its calculation
C. is important and useful in the analysis of T- Test
D. is not a sound mathematical index
E. is the most popular measure of dispersion in distribution

Correct Answer:

Option A – has greater practical utility In sampling

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