Finding Central Tendency and Measure of Dispersion
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Which measure of cental tendency most accurately depicts the inventory data?
Which measure of dispersion most accurately depicts the inventory data?
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Solution Summary
Solution provides steps necessary to find central tendency and measure of dispersion.
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Please note that the following assumes that all the data is considered together. It is based mainly off the excel file with the bar graph.
1)
http://www.quickmba.com/stats/centralten/
This website has a chart that tells you which measure of central tendency is appropriate for each type of data. If you know what kind of data ...
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