calculating probability formula

In the discrete series, when deviations are taken from actual mean, the formula ..

Take deviations of the item from the calculated mean and call it ..

This method involves very less calculation than the deviation from actual metho..

Introduction - In our day to day life, we come across many uncertainty of events. We wake up in the morning and check the weather report. The statement could be 'there is 60% chance of rain today'. This statement infers that the chance of rain is more than that having a dry weather. We decide upon ..

Standard Deviation for continuous series - In this series too deviations may be taken either from the actual mean or from standard mean. The calculations will be simplified if the deviation are taken from assumed me..

Mean deviation is easy to calculate. This measure is simple to understand. This can be calculated from any average. Its value is based upon all the (observations) items of the data. It is less affected by extreme observations. It gives us an idea about how the items..

Merits: 1. Mean deviation is easy to calculate. This measure is simple to understand. 2. This can be calculated from any average. 3. It is less affected by extreme observations. Demerits: 1. This is mathematically incomplete because it ign..

Calculate the mean deviation from the mean for the following frequency distribution..