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

Make a decision about the claim, Make a decision about the given claim. Do...

Make a decision about the given claim. Do not use any formal procedures and exact calculation. Use only the rare event rule. Claim: A coin favors head when tossed, and there

Construct a cumulative percentage polygon, 1. For each of the following var...

1. For each of the following variables: major, graduate GPA, and height: a. Determine whether the variable is categorical or numerical. b. If the variable is numerical, deter

business forecasting, Explain the characteristics of business forecasting

Explain the characteristics of business forecasting.

Simple linear regression, We are interested in assessing the effects of tem...

We are interested in assessing the effects of temperature (low, medium, and high) and technical configuration on the amount of waste output for a manufacturing plant. Suppose that

Case # 2 , Case Problem: A Bipartisan Agenda for Change In a study conducte...

Case Problem: A Bipartisan Agenda for Change In a study conducted by Zogby International, more than 700 New Yorkers were polled to determine whether the New York state government w

Standard cost method, Under the standard cost method which is also referred...

Under the standard cost method which is also referred as the standard cost method ,stock receipts are assigned a standard cost. Any variations between the actual cost and standard

Compute a correlation coefficient, A researcher was interested lowering the...

A researcher was interested lowering the high school dropout level in his county. He measured the reading level of students entering middle school (based on a standard test) and th

Find the probability customers pay their bill in full, The proportion of Am...

The proportion of American Express credit-card holders who pay their credit card bill in full each month is 23%; the other 77% make only a partial or no payment. (a) In a random

Weighted arithmetic mean, Weighted Arithmetic Mean Another aspect...

Weighted Arithmetic Mean Another aspect to be considered is the importance we assign to each observation. The arithmetic mean as we calculated it so far gives equal

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