Coefficient of Mean Deviation Solution

STEP 0: Pre-Calculation Summary
Formula Used
Coefficient of Mean Deviation = Mean Deviation of Data/Mean of Data
CM = MD/μ
This formula uses 3 Variables
Variables Used
Coefficient of Mean Deviation - Coefficient of Mean Deviation is the ratio of the mean deviation to the mean of the data. It provides a relative measure of the average deviation of data points from their mean.
Mean Deviation of Data - Mean Deviation of Data is the average of the absolute differences between each data point and the mean of the dataset. It quantifies the average deviation of data points from their mean.
Mean of Data - Mean of Data is average value of all data points in a dataset. It represents the central tendency of data and is calculated by summing all values and dividing by the total number of observations.
STEP 1: Convert Input(s) to Base Unit
Mean Deviation of Data: 4 --> No Conversion Required
Mean of Data: 10 --> No Conversion Required
STEP 2: Evaluate Formula
Substituting Input Values in Formula
CM = MD/μ --> 4/10
Evaluating ... ...
CM = 0.4
STEP 3: Convert Result to Output's Unit
0.4 --> No Conversion Required
FINAL ANSWER
0.4 <-- Coefficient of Mean Deviation
(Calculation completed in 00.004 seconds)

Credits

Created by Nishan Poojary
Shri Madhwa Vadiraja Institute of Technology and Management (SMVITM), Udupi
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7 Coefficients Calculators

Coefficient of Quartile Deviation
Go Coefficient of Quartile Deviation = (Third Quartile of Data-First Quartile of Data)/(Third Quartile of Data+First Quartile of Data)
Coefficient of Range
Go Coefficient of Range = (Largest Item in Data-Smallest Item in Data)/(Largest Item in Data+Smallest Item in Data)
Coefficient of Variation given Variance
Go Coefficient of Variation = sqrt(Variance of Data)/Mean of Data
Coefficient of Mean Deviation Percentage
Go Coefficient of Mean Deviation Percentage = (Mean Deviation of Data/Mean of Data)*100
Coefficient of Variation Percentage
Go Coefficient of Variation Percentage = (Standard Deviation of Data/Mean of Data)*100
Coefficient of Mean Deviation
Go Coefficient of Mean Deviation = Mean Deviation of Data/Mean of Data
Coefficient of Variation Ratio
Go Coefficient of Variation = Standard Deviation of Data/Mean of Data

Coefficient of Mean Deviation Formula

Coefficient of Mean Deviation = Mean Deviation of Data/Mean of Data
CM = MD/μ

What are the importance of Coefficients in Statistics?

The median is the middle number in a sorted, ascending or descending, list of numbers and can be more descriptive of that data set than the average.The median is sometimes used as opposed to the mean when there are outliers in the sequence that might skew the average of the values.
If there is an odd amount of numbers, the median value is the number that is in the middle, with the same amount of numbers below and above.

How to Calculate Coefficient of Mean Deviation?

Coefficient of Mean Deviation calculator uses Coefficient of Mean Deviation = Mean Deviation of Data/Mean of Data to calculate the Coefficient of Mean Deviation, Coefficient of Mean Deviation formula is defined as the ratio of the mean deviation to the mean of the data. It provides a relative measure of the average deviation of data points from their mean. Coefficient of Mean Deviation is denoted by CM symbol.

How to calculate Coefficient of Mean Deviation using this online calculator? To use this online calculator for Coefficient of Mean Deviation, enter Mean Deviation of Data (MD) & Mean of Data (μ) and hit the calculate button. Here is how the Coefficient of Mean Deviation calculation can be explained with given input values -> 0.5 = 4/10.

FAQ

What is Coefficient of Mean Deviation?
Coefficient of Mean Deviation formula is defined as the ratio of the mean deviation to the mean of the data. It provides a relative measure of the average deviation of data points from their mean and is represented as CM = MD/μ or Coefficient of Mean Deviation = Mean Deviation of Data/Mean of Data. Mean Deviation of Data is the average of the absolute differences between each data point and the mean of the dataset. It quantifies the average deviation of data points from their mean & Mean of Data is average value of all data points in a dataset. It represents the central tendency of data and is calculated by summing all values and dividing by the total number of observations.
How to calculate Coefficient of Mean Deviation?
Coefficient of Mean Deviation formula is defined as the ratio of the mean deviation to the mean of the data. It provides a relative measure of the average deviation of data points from their mean is calculated using Coefficient of Mean Deviation = Mean Deviation of Data/Mean of Data. To calculate Coefficient of Mean Deviation, you need Mean Deviation of Data (MD) & Mean of Data (μ). With our tool, you need to enter the respective value for Mean Deviation of Data & Mean of Data and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.
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