Why is the standard deviation a better measure than the variance when we are trying to describe
Question:
Why is the standard deviation a better measure than the variance when we are trying
to describe data?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (2 reviews)
The variance is a measure pres...View the full answer
Answered By
Sajith p p
M Tech(8.2 cgpa) from Kannur University in Advanced Manufacturing and Mechanical Systems Design; Mechanical Dept.2012-14 (Govt. College of Engineering Kannur) , Kerala
Worked as Adhoc Asst. Professor in Mechanical Engineering Dept. at Govt. College of Engineering Kannur, Kerala, from January 2015 to dec 2018.
Worked as engineer in tool room maintenance at Hema Engineering Industries Limited , Gurgaon , Haryana, 122001 from January 2011 to April 2012.
TECHNICAL SKILLS-
AutoCAD, ANSYS, LINGO, ARENA, MASTER CAM, Minitab,MATLAB
TEACHING SUBJECTS IN MY CAREER-
Refrigeration & Air Conditioning, Industrial Tribology, Optimization Techniques,Industrial Management, CAD/CAM/CAE,Production Automation and Trends in Manufacturing, Metrology and Computer Aided Inspection,Inventory & Supply Chain Management, Nondestructive testing, CAD/CAM/CAE Lab, Fluid Mechanics Lab, Computational lab, CAMD lab.
0.00
0 Reviews
10+ Question Solved
Related Book For
Fundamental Statistics For The Behavioral Sciences
ISBN: 9781305652972
9th Edition
Authors: David C. Howell
Question Posted:
Students also viewed these Business questions
-
A fund manager asks his investment advisors to help him choose one of the mutual funds provided by an investment company. He is planning to invest in his portfolio to bring more diversification. But...
-
Assume that you recently graduated with a major in finance. You just landed a job as a financial planner with Merrill Finch Inc., a large financial services corporation. Your first assignment is to...
-
"I'm not sure we should lay out $300,000 for that automated welding machine," said Jim Alder, president of the Superior Equipment Company. "That's a lot of money, and it would cost us $84,000 for...
-
How did your parents communication with you influence your self-concept?
-
Refer to the balance sheet and income statement for Abercrombie Supply Company for the fiscal year ended June 30, 2014. Use the DuPont equation to calculate the return on equity (ROE). In the...
-
What characteristics did Perry lack that prevented him from being a transformational leader? Perry was one of the worst bosses Lia had ever worked for. Perry had arrived from the main corporate...
-
Are the ages of people in the United States normally distributed? Explain your reasoning.
-
You are bearish on Telecom and decide to sell short 100 shares at the current market price of $50 per share. a. How much in cash or securities must you put into your brokerage account if the brokers...
-
A Ltd has a system of assessment of Divisional performance on the basis of residual income, has two divisions A & B. Division A has an annual capacity to manufacture 15 lac numbers of a special...
-
Why do we divide by N 1 instead of N when we are computing the variance and the standard deviation?
-
What is wrong with the average deviation from the mean?
-
The Cauchy-Schwarz Inequality |u · v| ¤ ||u|| ||v|| is equivalent to the inequality we get by squaring both sides: (u · v)2 ¤ ||u||2 ||v||2 (a) Prove this algebraically....
-
Research a company that declared a 100% stock dividend or a two-for-one split Contrast the differences between a stock dividend and a stock split. Imagine that you are a stockholder in a company....
-
What are your ideas for Implementation and Assessing the Solution? How did you implement and assess the success? What should the time frame look like? What resources will be needed? What criteria...
-
What is an aesthetic question a viewer might ask about a work of art? 1 . What principles of design were used to make this work? 2 . What qualifies a functional object like this as a work of art? 3 ....
-
2. A phase diagram is shown below for an allotropic metal. Sketch and label possible Gibbs free energy curves for the 3 phases, as a function of temperature for the pressure indicated. Does the a or...
-
Recommend at least one (1) way a business with which you are familiar could use social media / buzz marketing to increase sales and awareness (e.g., social media awareness) of your...
-
McDonalds Corporation operates the largest fast food restaurant chain in the United States and the world. It produces famous foods such as the Big Mac hamburger, Chicken McNuggets, the Egg McMuffin,...
-
Starr Co. had sales revenue of $540,000 in 2014. Other items recorded during the year were: Cost of goods sold ..................................................... $330,000 Salaries and wages...
-
1. Determine the value of the right to use asset and lease liability at commencement of the lease.
-
Problem 22-1 The management of Sunland Instrument Company had concluded, with the concurrence of its independent auditors, that results of operations would be more fairly presented if Sunland changed...
-
Question 4. - Week 9. What are the major competitive issues General Electric faces when managing cooperative strategies? - (7 marks)
Study smarter with the SolutionInn App