What important advantage do the variance and standard deviation have over the range measure of dispersion?

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Fundamentals Of Managerial Economics (Economic Applications Access)

ISBN: 9781473778955

8th Edition

Authors: Mark Hirschey, Eric Bentzen, Carsten Scheibye

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Question Posted: Oct 07, 2024 07:02 AM

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What important advantage do the variance and standard deviation have over the range measure of dispersion?
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What important advantage do the variance and standard deviation have over the range measure of dispersion?

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Fundamentals Of Managerial Economics (Economic Applications Access)

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