Using Standard Deviation as a Measure of Dispersion

Using Standard Deviation as a Measure of Dispersion

SSDSI Blog

Table of contentsUsing “Standard Deviation” as a Measure of Data Spread or DispersionWhat is Standard Deviation (SD)?What is Standard Deviation?What is Dispersion?Measures of Dispersion TypesWhy is the Standard Deviation Rule Important in Lean Six Sigma?Related...
What Is Range as a Measure of Dispersion?

What Is Range as a Measure of Dispersion?

SSDSI Blog

Table of contentsWhat Is Range as a Measure of Dispersion?How to Find Range: Step-by-Step GuideAdvantages of Using Range as a Measure of DispersionLimitations of Using Range as a Measure of DispersionRelated Articles Estimated reading time: 7 minutes What Is Range as...
‘Mode’ as a Measure of Central Tendency

‘Mode’ as a Measure of Central Tendency

SSDSI Blog

Table of contentsWhat is a Measure of Central Tendency?Mode of the DistributionWhen to use Mode as a Measure of Central Tendency?Examples of variables with bimodal distributions:What are your thoughts?Related Articles What is a Measure of Central Tendency? A measure...
Mean, Median & Mode: Measures of Central Tendency

Mean, Median & Mode: Measures of Central Tendency

SSDSI Blog

Table of contentsMean, Median & Mode: Measures of Central TendencyWhat is Central Tendency?MeanMedianModeWhen and How to Decide Which One to Use?Related Articles Estimated reading time: 8 minutes Mean, Median & Mode: Measures of Central Tendency Embark on a...
‘Mean’ as a Measure of Central Tendency

‘Mean’ as a Measure of Central Tendency

SSDSI Blog

Table of contentsMean – Measure of Central Tendency What is the Mean (or Average)?Knowing the shape of your data…Related Articles Mean – Measure of Central Tendency A measure of central tendency is a single value that describes the way in which a set of...