Emphasis on mean and standard deviation


Discuss the below:

The claim has been made that the mean and the standard deviation are the most important measures of location and dispersion in statistics. Some commentators claim that these measures are more important than other measures such as median, mode or mean deviation.

Q1: Why the emphasis on mean and standard deviation rather than other measures?

Q2: Do you agree or disagree? What reasons are available to support your answers?

 

Solution Preview :

Prepared by a verified Expert
Basic Statistics: Emphasis on mean and standard deviation
Reference No:- TGS01899967

Now Priced at $20 (50% Discount)

Recommended (95%)

Rated (4.7/5)