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I think its better to use range deviation in any distribution because it doesn't cause any trouble

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11y ago
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Q: Is it better to use range or mean absolute deviation when describing any distribution?
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Is it better to have a high or low mean absolute deviation?

Lower


Why do you not take the sum of absolute deviations?

You most certainly can. The standard deviation, however, has better statistical properties.


What is mean deviation and why is quartile deviation better than mean deviation?

What is mean deviation and why is quartile deviation better than mean deviation?


Why do we have to compute for the mean median mode and standard deviation?

To obtain a much better, simpler, and more practical understanding of the data distribution.


How is better to calculate your IQ with the basis of deviation 15 or with the basis of deviation 24?

deviation 15 is better


Why is standard deviation better than variance?

Better for what? Standard deviation is used for some calculatoins, variance for others.


Why Normal distribution is better then other distributions in statistics?

The normal distribution has two parameters, the mean and the standard deviation Once we know these parameters, we know everything we need to know about a particular normal distribution. This is a very nice feature for a distribution to have. Also, the mean, median and mode are all the same in the normal distribution. Also, the normal distribution is important in the central limit theorem. These and many other facts make the normal distribution a nice distribution to have in statistics.


Why standard deviation is better measure of variance?

1. Standard deviation is not a measure of variance: it is the square root of the variance.2. The answer depends on better than WHAT!


When is a t test better than a z score?

When you don't have the population standard deviation, but do have the sample standard deviation. The Z score will be better to do as long as it is possible to do it.


What is a better measure of variability range or standard deviation?

The standard deviation is better since it takes account of all the information in the data set. However, the range is quick and easy to compute.


Is the coefficient of variation a better measure of risk than the standard deviation if the expected returns of the securities being compared differ significantly?

The Standard deviation is an absolute measure of risk while the coefficent of variation is a relative measure. The coefficent is more useful when using it in terms of more than one investment. The reason being that they have different returns on average which means the standard deviation may understate the actual risk or overstate depending.


What is better precious or gorgeous?

It depends on what you are describing or complimenting. If you were complimenting a partner either would be good. But perhaps if you were describing an object, 'precious' would be better.