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

Time series, what is the use of applied statistic in our daily routin life

what is the use of applied statistic in our daily routin life

Calculate unbiased estimate of the variance, This question has two parts wi...

This question has two parts with multiple items to answer. You are a psychologist who has collected the subjective well-being scores of a number of elderly people aged 90 or abo

Business staitistices- soltion to :, A file on DocDepot in the assignments ...

A file on DocDepot in the assignments folder on doc-depot called bmi.mtp contains data on the Body Mass Index (BMI) of a population of Ottawa residents. The first column identifies

Index Number of formulae, discuss the mathematical test of adequacy of inde...

discuss the mathematical test of adequacy of index number of formulae. prove algebraically that the laspeyre, paasche and fisher price index formulae satisfies this test. What is

Sampling error , Sampling Error  It is the difference between the value...

Sampling Error  It is the difference between the value of the actual population parameter and the sample statistic. Samples are used to arrive at conclusions regarding the p

Histogram, Histogram: It is generally used for charting continuous fre...

Histogram: It is generally used for charting continuous frequency   distribution. In histogram, data are plotted as a series  of rectangle one over the other. Class intervals

Research tool, what are the characteristics of research tool?

what are the characteristics of research tool?

Mode, Mode The mode is the value which occurs most frequ...

Mode The mode is the value which occurs most frequently in a set of observations on the point of maximum frequency and around which other items of the set cluste

Confidence interval, for this proportion, use the +-2 rule of thumb to dete...

for this proportion, use the +-2 rule of thumb to determine the 95 percent confidence interval. when asked if they are satisfied with their financial situation, .29 said "very sat

business forecasting, Explain the characteristics of business forecasting

Explain the characteristics of business forecasting.

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