Skip to content

Standard deviation and variation

Unit 4: Measures of DispersionTopic 3 of 4
Browse the Business Statistics syllabus

Business Statistics

13 units
On this page

What the syllabus expects

  • Standard deviation
  • Coefficient of variation

Standard deviation and variation

Bachelor of Business Studies (BBS) — First Year

Subject: Business Statistics (MGT 202)

Unit 4: Measures of Dispersion

Academic Year: 2083/84

Topic Objectives

After studying this topic, students should be able to:

  • Explain the scope and key elements of standard deviation and variation.
  • Select suitable statistical procedures, carry out calculations and interpret business results.

Curriculum Scope

  • Standard deviation
  • Coefficient of variation

Detailed Microsyllabus

  1. Standard deviation

    1. Deviations, squared deviations and variance.
    2. Calculation for individual and grouped data.
    3. Interpret dispersion around the arithmetic mean.

  2. Coefficient of variation

    1. Standard deviation relative to the mean.
    2. Compare variability across suitable datasets.
    3. Recognize problems when the mean is zero or lacks meaningful comparability.

Curriculum reference: Tribhuvan University, Faculty of Management, BBS curriculum with first-year syllabus, PDF pages 14-16.

Source note: The curriculum scope above is retained from the existing TU syllabus breakdown. The numbered study subtopics are editorial elaborations for teaching and study, rather than a separately issued TU syllabus. Unit lecture hours apply to the whole unit; no separate topic hours or marks are assigned here.