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Practical Problems
Problem 1: Calculate mean deviation for the following frequency distribution:
Problem 3: The following table gives the fluctuations in the prices of shares of two
companies A and B. Find out which of them shows greater variability. Comment on the
result.
Price (in Tk.) Share A Price (in Tk.) Share B
318 2542 324 2545
322 2522 315 2530
325 2534 308 2556
312 2532 319 2530
Compute the arithmetic mean and standard deviation and comment on the results.