Decision-making practices
What steps would you consider to ensure that measures of dispersion yield reliable results for worthwhile decision-making practices in your organization? (Hotel and Casinos)
100 word thanks
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Measures of dispersion ensure that one makes good decisions. In a hotel and casino setting, large amounts of money are handled. In addition, the business has to cater for all the customers. Calculating the mean of the customers that are served should be the first step. The mean gives an approximate of the amount that will be generated and number of customers expected. It can be daily or weekly. It shows the average deviation.I would also keep track of the standard deviation and coefficient of variation. The standard……………….
APA
143 words