Description of "Quantitative Techniques Volume III"
The course is suitable for student of MBA/BBA Quantitative Techniques regular and distance education, M.Com/B.Com Business Statistics, M.Sc./B.Sc. Statistics, MA/BA Economics Statistics. .
The book also works as guide to understand the statistics to implement Statistical Quality Control in Quality Management.
Measure of Dispersion: Meaning, objective and Types of dispersion, Absolute and Relative measure of dispersion, Range, Interquartile range, Quartile deviation, Mean deviation, Standard deviation: Meaning and formula, Mathematical properties, Chebyshev’s theorem, The empirical rule, Variance, Combined standard deviation, Coefficient of variation. Illustrative examples.
Skewness: Symmetric distribution, meaning of skewness, Skewed distribution, dispersion and skewness, Tests of skewness, Measures of skewness: Karl Pearson method, Bowley’s method, Kelly’s method. Illustrative examples.