List the five characteristics of an ideal measure dispersion.

1.	List the five characteristics of an ideal measure dispersion.
Answer» A good measure of dispersion should possess the following characteristics: (i) It should be simple to understand. (ii) It should be easy to calculate. (iii) It should be based on all the observations of the series. (v) It should be suited for further algebraic treatment.

Answer»

A good measure of dispersion should possess the following characteristics:

(i) It should be simple to understand.

(ii) It should be easy to calculate.

(iii) It should be based on all the observations of the series.

(v) It should be suited for further algebraic treatment.

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List the five characteristics of an ideal measure dispersion.

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