Measures Of Spread In Real Life [Application of measures of dispersion in real life]

This video discusses how and where the measures of spread can be used in real life applications. Range, Standard deviation, Co-efficient of variation are some measures of spread.

The video is interspersed with various examples from real life applications where the measures of spread or measures of dispersion are used.

The video also cites using examples from real life applications where the various measures of spread can and cannot be used.

Watch the video till the end so that you do not miss out on the discussion on tips and thumb rules related to uses of measures of spread in real life applications.

The links to the various videos suggested in this video are as below:
a. Basic Concepts of Statistics : Basic Concepts of Statistics
b. Descriptive Statistics - Examples & Concepts (Mean/Median/Mode) : What is Descriptive Statistics ... [E...
c. Descriptive Statistics - Examples & Concepts (Part 2 : Range, MAD, Standard Deviation, Co-efficient of Variation) : Descriptive Statistics Examples and C...
d. Application of Mean, Median and Mode : Application of Mean, Median and Mode ...

The channel is agenda-free and not sponsored by anyone.

If you appreciate the content then you could always 'buy me a coffee' by clicking the link below:

https://www.buymeacoffee.com/learning...

Connect with me on -

Facebook : Facebook: learningpuree
Twitter : Twitter: learningpuree
Instagram : Instagram: learningpuree

• #science_technology
• #measures_of_spread_in_real_life
• #measures_of_spread
• #application_of_measures_of_dispersion_in_real_life
• #measures_of_spread_and_dispersion
• #measures_of_spread_statistics
• #measures_of_spread_explained
• #measures_of_dispersion_standard_deviation
• #standard_deviation_formula
• #interquartile_range_statistics
• #measures_of_dispersion
• #standard_deviation_explained