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How is coefficient of mean deviation calculated? |
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Answer» Solution :In order to FIND out coefficient of MEAN deviation, mean deviation of the series is DIVIDED by the central TENDENCY of the series. Accordingly, (i) Coefficient of MD from Mean`=(MD_(BARX))/(barX)=("Mean Deviation")/("Arithmetic Mean")` (ii) Coefficient of MD from Median`=(MD_(bar m))/(M)=("Mean Deviation")/("Median")` (iii) Coefficient of MD from Mode`=(MD_(z))/(Z)=("Mean Deviation")/("Mode")` |
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