Which measure of dispersion ensures highest degree of reliability?
A
Range
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B
Mean deviation
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C
Standard deviation
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D
Quartile deviation
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Solution
The correct option is C Standard deviation Standard deviation is
the square root of the arithmetic mean of the squares of the deviations
measured from the arithmetic mean of the data. It is considered as the best and
most commonly used measure of dispersion to ensure high degree of reliability as it is a measure of average of
deviations from the average.