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It is simple to calculate.

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Q: What is an advantage of using the range as a measure of variation?
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Which measure of variation is appropriate when using the mean and which is appropriate when using the median?

When using the mean: the variance or standard deviation. When using the median: the range or inter-quartile range.


What are the criteria for choosing measure of central tendency and measure of variation?

Central tendency is measured by using the mean, median and mode of a set of numbers. Variation is measured by using the range, variance and standard deviation of a set of numbers.


Which measure of variation is appropriate when using the mean?

The variance or standard deviation.


What are the advantages and disadvantages of coefficient of variation?

One the main advantage of using the coefficient of variation over the standard deviation to measure volatility is the fact that CV is normalized and can be used to directly compare different asset's volatility. The standard deviation must be used in the context of the mean of the data.


What are the Advantages and disadvantages of using a barometer?

An advantage of using a barometer is that you can measure air pressure.


The advantage and disadvantage of a barometer?

advantage of using a barometer is that we can measure air pressure .a disadvantage is that there is barely any wind.


What is the tempo of daniw?

One the main advantage of using the coefficient of variation over the standard deviation to measure volatility is the fact that CV is normalized and can be used to directly compare different asset's volatility. The standard deviation must be used in the context of the mean of the data.


What are two ways to measure flexibility?

flexibility is measured by the range of motion and the range of motion and the range of movements is measured by using a goniometer.....


What is advantage of using the 4.5-7.5 pH paper?

gooby pls


Is mechanical advantage how much work you put in?

Mechanical advantage is a measure of the force amplification achieved by using a tool. This means the ideal mechanism does not include a power source.


Advantage of meter stick or ruler?

to measure using the metric system to measure a meter


What is a posidrive screwdriver?

Posidrive is a variation or improvement on the Phillips screwdriver. It has flat sided faces, instead of the slightly tapering Phillips, but this is only really an advantage when using posidrive screws.