Mean deviation, Applied Statistics

Assignment Help:

First Moment of Dispersion or Mean Deviation

Mean deviation or the average deviation is the measure if dispersion which   is based upon all the items in a variable .It is the arithmetic mean of the deviations of the values from a measure of central tendency   In the words of Clark and schkade average deviation is the average amount of scatter of items distribution from either mean or the median ignoring sings of the deviations.

Thus it is a measure obtained by calculating the absolute deviations of each observation from the media or the mean, taking all deviations as positive, and then averaging these decimations by taking their arithmetic mean. Mean deviation from arithmetic mean is also called first moment of dispersion.

The following process is adopted for its calculation:

(1)   Choice of Average : Theoretically mean deviation may be computed from any average mean or median or mode but in practice median and mean   are popular, of the two the use of median is better since sum of the deviations of observations is the least from median, as such unless specifically    nothing is given in the question median should be used.

(2)   Ignoring sings:  In its computation the algebraic sings of the deviations are ignored i.e. all the deviations are taken as positive. To indicate deviations are absolute and sings are ignored.

(3)   Mean of the Deviations:  The total of sum of the deviations is divided by the number of items, the quotient or the result is the mean deviation.

(4)   Formula: Mean deviation is expressed by the greek letter small delta as such.

(5)   Mean deviation from Mean

(6)   Mean deviation from Median

(7)   Mean deviation from Mode

Coefficient of Mean Deviation: The purpose of comparing variations or dispersal between two or more different sets of data a relative measure is computed using the following formula .

Coefficient of mean deviation from mean =x/x

Coefficient of mean deviation from median=m/m

Coefficient of mean deviation from mode= z/z


Related Discussions:- Mean deviation

Three types of food question?, #There were three types of food, and the res...

#There were three types of food, and the researcher recorded which foods were bought. Peanut Butter Banana Hamburger 15

Evaluate gross reproduction rate, Evaluate Gross Reproduction Rate: Fr...

Evaluate Gross Reproduction Rate: From the data given below compute : i)   General  Fertility  Rate ii)  Specific  Fertility  Rate iii)  Total  Fertility  Rate iv)

Chi square test for more than two rows, Using Chi Square Test when more tha...

Using Chi Square Test when more than two Rows are Present   To understand this, let us consider the contingency table shown below. It gives us the information about the stage

Evaluate the p - value, Use the given information to find the P-value. T...

Use the given information to find the P-value. The test statistic in a two-tailed test is z = 1.49 P-value = (round to four decimal places as needed)

Expected utility maximizer, The investor has constant wealth 1 and is o?ere...

The investor has constant wealth 1 and is o?ered to invest in shares of a project that either gains 3=2 or loses 1 with equal probabilities. Therefore, if the investor obtains sha

Plot diagnostic quantities, The data in the data frame compensation are fro...

The data in the data frame compensation are from Myers (1990), Classical andModern Regression with Applications (Second Edition)," Duxbury. The response y here is executive compens

Uncertain demand, Consider a Cournot duopoly with two firms (fi rm 1 and f...

Consider a Cournot duopoly with two firms (fi rm 1 and fi rm 2) operating in a market with linear inverse Demand P(Q) = x Q where Q is the sum of the quantities produced by both

Stratified sampling, Stratified Sampling Stratified Sampling is ...

Stratified Sampling Stratified Sampling is generally used when the population is heterogeneous. In this case, the population is first subdivided into several parts (or s

Define sampling unit , Define sampling unit and population for selecting a ...

Define sampling unit and population for selecting a random sample in every case. a) 100 voters from a constituency b) 20 stocks of National Stock Exchange c) 50 account ho

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd