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The co-efficient of M.D. from median for the following set 150, 151, 152, 156, 154, 160, 158 is
  • a)
    2.86
  • b)
    0.19
  • c)
    0.019
  • d)
    28.6
Correct answer is option 'C'. Can you explain this answer?
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The co-efficient of M.D. from median for the following set 150, 151, 1...
The coefficient of median deviation (M.D.) from median is a measure of the dispersion or spread of data around the median. It tells us how much the individual data points deviate from the median on average. The formula to calculate the coefficient of M.D. is:

Coefficient of M.D. = M.D. / Median

To calculate the M.D., we first need to find the median of the given data set. The median is the middle value of a data set when it is arranged in ascending or descending order. In this case, the data set is already in ascending order, so the median is the middle value, which is 154.

Now, we need to calculate the M.D. for each data point by finding the absolute difference between the data point and the median. Then, we find the average of these absolute differences.

The M.D. for each data point is:
150 - 154 = 4
151 - 154 = 3
152 - 154 = 2
156 - 154 = 2
154 - 154 = 0
160 - 154 = 6
158 - 154 = 4

The average of these absolute differences is:
(4 + 3 + 2 + 2 + 0 + 6 + 4) / 7 = 21 / 7 = 3

Now, we can calculate the coefficient of M.D. by dividing the M.D. by the median:
Coefficient of M.D. = M.D. / Median = 3 / 154 = 0.019

Therefore, the correct answer is option C) 0.019.
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The co-efficient of M.D. from median for the following set 150, 151, 152, 156, 154, 160, 158 isa)2.86b)0.19c)0.019d)28.6Correct answer is option 'C'. Can you explain this answer?
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The co-efficient of M.D. from median for the following set 150, 151, 152, 156, 154, 160, 158 isa)2.86b)0.19c)0.019d)28.6Correct answer is option 'C'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about The co-efficient of M.D. from median for the following set 150, 151, 152, 156, 154, 160, 158 isa)2.86b)0.19c)0.019d)28.6Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The co-efficient of M.D. from median for the following set 150, 151, 152, 156, 154, 160, 158 isa)2.86b)0.19c)0.019d)28.6Correct answer is option 'C'. Can you explain this answer?.
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