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Statistical Methods in Economics


                   Notes          6.6 Review Questions

                                  1. Explain with example the term ‘Dispersion’. Give its definition and discuss the characteristics of
                                    dispersion.
                                  2. What are the uses of ‘range’ as a method of measuring dispersion ? Give its advantages and
                                    disadvantages.
                                  3. Give the merits and demerits of quartile deviation. What is the third movement of dispersion?
                                  4. Define Percentile. Discuss the application of Percentile.
                                  Answers: Self-Assessment
                                  1.  (i)F          (ii)F          (iii)T          (iv)F

                                  6.7 Further Readings




                                              1.  Elementary Statistical Methods; SP. Gupta, Sultan Chand & Sons,
                                                  New Delhi - 110002.
                                              2.  Statistical Methods — An Introductory Text; Jyoti Prasad Medhi, New Age
                                                  International Publishers, New Delhi - 110002.
                                              3.  Statistics; E. Narayanan Nadar, PHI Learning Private Limied, New Delhi - 110012.
                                              4.  Quantitative Methods—Theory and Applications; J.K. Sharma, Macmillan
                                                  Publishers India Ltd., New Delhi - 110002.














































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