Why is the standard deviation sometimes preferred to the variance as a measure of dispersion, even though

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Why is the standard deviation sometimes preferred to the variance as a measure of dispersion, even though they measure the same thing?

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Statistics For Business And Financial Economics

ISBN: 9781461458975

3rd Edition

Authors: Cheng Few Lee , John C Lee , Alice C Lee

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Question Posted: Feb 10, 2024 08:34 AM

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Why is the standard deviation sometimes preferred to the variance as a measure of dispersion, even though

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Standard deviation and variance are both statistical measures used to describe the spread of data po...View the full answer

Statistics For Business And Financial Economics

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