Mean deviation - measure of dispersion, Operation Research

Assignment Help:

MEAN DEVIATION

Mean  deviation of a series is the arithmetic  average of the  deviations of various  items  from the  median  or mean  of that series.

Median is preferred since the sum  of the deviations from the median  is less than the  from  the mean. So the values of  mean deviation calculation from  median  is usually  less than that  calculated from mean.

Mean  deviation is known  as first Moment  of Dispersion.

Coefficient of mean  deviation from  mean = Mean Deviation ( M. D)/  Arithmetic  Mean

Coefficient  of mean deviation from  median = Mean Deviation (M. D.)/ Median

Coefficient  of mean deviation from  mode = Mean Deviation( M. D)/ Mode

 


Related Discussions:- Mean deviation - measure of dispersion

Scattered responsibility and authority, Scattered Responsibility and Autho...

Scattered Responsibility and Authority: In a big industry responsibility and authority of decisions making is scattered throughout the organization and thus the organization.

Verification of hypothesis, Analysis of Available Information and Verific...

Analysis of Available Information and Verification of Hypothesis: most of the time that a scientist spends in training is devoted to learning how to analyze and int

Linear Programming, A paper mill produces two grades of paper viz., X and Y...

A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i

Software, role of computer software in operation research

role of computer software in operation research

MODERN MANAGEMENT, DISCUSS THE SIGNIFICANCE AND SCOPE OF OPERATION RESEARCH...

DISCUSS THE SIGNIFICANCE AND SCOPE OF OPERATION RESEARCH IN MODERN MANAGEMENT

Scope, explain the significant and scope of operation research in scientifi...

explain the significant and scope of operation research in scientific management

Inherent limitation concerning mathematical expressions, Operation reac Inv...

Operation reac Involves the use of mathematical models, equations and similar other mathematical expressions. Assumptions are always incorporated in the derivation of an equa

Transportation and assignment problem, What are the computer applications o...

What are the computer applications of transportation and assignment problem

Advantages of standard deviation - measure of dispersion, Advantages of S...

Advantages of Standard  deviation a.Standard  deviation is based on all the observations and is rigidly  defined. b.It is  amenable to algebraic  treatment  and possesses

Both LP and PIP, marginal rate of substitution, degeneracy and degenerate ...

marginal rate of substitution, degeneracy and degenerate solution

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