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How would you apply concepts in a unique business scenario

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Reference no: EM131996922

Discussion

In this discussion, you will share with your peer your thought on the following questions:

- What are the differences among the various measures of variation, such as the range, interquartile range, variance, and standard deviation?

- What are the advantages and disadvantages of each, using your own real-world example?

- How would you apply these concepts in a unique business scenario?

Since the goal is for our online discussions to be active and engaging, we ask that you make your initial post and also respond to at least two other posts.

Verified Expert

This assignment was divided into three parts. In first part we discussed how various measures of dispersion are different from each other. In the second part we discussed pros and cons of each method of variation along with real world applications. In the last part we discussed how standard deviation or variance is applied to hedge fund industry or mutual fund markets.

Reference no: EM131996922

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