Statistical Tools and Interpretation · Term 1

Measures of Dispersion: Range and Quartile Deviation

Understanding how to measure the spread or variability of economic data.

Key Questions

  1. Explain the concept of dispersion and its importance in economic analysis.
  2. Calculate the range and quartile deviation for a given dataset.
  3. Compare the strengths and weaknesses of range and quartile deviation.

CBSE Learning Outcomes

CBSE: Statistical Tools and Interpretation - Measures of Dispersion - Class 11
Class: Class 11
Subject: Economics
Unit: Statistical Tools and Interpretation
Period: Term 1

Suggested Methodologies

Problem-Based Learning

An ill-structured real problem drives students to discover what they need to learn

35–60 min

Learn more about Problem-Based Learning

Flipped Classroom

Watch or read the theory at home; use class time for practice and application

30–55 min

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