Measures of Dispersion-

Standard deviation , Variance, Coefficient

of variance etc.
(Lecture-6)
By
Dr. Ajay Singh
ABES Business School, Ghaziabad
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Variance and Standard Deviation

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Standard Deviation
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Standard deviation
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Coefficient of Variation
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Variance and Standard Deviation

Example : The wholesale prices of a commodity for seven consecutive

days in a month is as follows:

Days : 1 2 3 4 5 6 7
Commodity
price/quintal : 240 260 270 245 255 286 264

Calculate the variance and standard deviation.

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Variance and Standard Deviation

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Variance and Standard Deviation

 Home Assignment
• Q1- Find the AM and SD from the following Data. Also find
coefficient of variation
• Age(Less Than): 10 20 30 40 50 60 70 80
• No of Person :15 30 50 75 100 110 115 125
• Q2- The following table gives the frequency distribution of
expenditure on education per family among middle class
families in two cities. Which city expenditure is consistent.
Expenditure(in Thusands) City A City B
3-6 28 39
6-9 292 284
9-12 389 401
12-15 212 202
15-18 59 48
18-21 18 21
21-24 2 5
THANK YOU !!