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

Methods of forecasting, Methods of Forecasting  Various techniques whic...

Methods of Forecasting  Various techniques which are generally used in business forecasting are as under: 1.      Forecasting  through the opinion of heads  of department

Measures of dispersion, calculate variance and standard deviation of the f...

calculate variance and standard deviation of the following sample 12,22,32,13,12,23,34,52,56,23,44,32,11,11

Probability and expectation, Ten balls are put in 6 slots at random.Then ex...

Ten balls are put in 6 slots at random.Then expected total number of balls in the two extreme slots

Significance of correlation, Significance of Correlation The study of c...

Significance of Correlation The study of correlation is of immense use in practical life. Correlation analysis contributes to the understanding of economic behavior, aids in lo

the npv of the book , Bill Clinton reportedly was paid $10 million to writ...

Bill Clinton reportedly was paid $10 million to write his book My Way. The book took three years to write. In the time he spent writing, Clinton could have been paid to make speech

Standard deviation, Standard Deviation The main drawback of the deviati...

Standard Deviation The main drawback of the deviation measures of dispersion, as discussed earlier, is that the positive and negative deviations cancel out each other. Use of t

Introduction to multiple regression, In simple regression the dependent var...

In simple regression the dependent variable Y was assumed to be linearly related to a single variable X. In real life, however, we often find that a dependent variable may depend o

Probability, There are 15 types of ice cream: A,B,C,D,E,F,G,H,I,J,K,L,M,N, ...

There are 15 types of ice cream: A,B,C,D,E,F,G,H,I,J,K,L,M,N, and O. How many combinations are there to sample 5 flavors if you sample 1 flavor 4 times? How many combinations are t

#vital statistics, # I have to make assignment on vital statistics so kindl...

# I have to make assignment on vital statistics so kindly guide me how to make and get good marks

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