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ESTIMATION OF VARIATION ABOUT THE MEAN USING GEOMETRIC MEASURE

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dc.contributor.author TROON JOHN BENEDICT
dc.date.accessioned 2021-03-03T08:01:54Z
dc.date.available 2021-03-03T08:01:54Z
dc.date.issued 2020
dc.identifier.uri http://hdl.handle.net/123456789/10706
dc.description.abstract A measure of dispersion is a statistical tool used to define the distribution of various datasets mainly from measures of central tendency. Some notable measures of dispersion from the mean are; average deviation, mean deviation, variance, and standard deviation. However, from previous studies, it has been established that the aforementioned measures are not absolutely perfect in estimating average variation from the mean. For instance, variance gives estimates which are of different units of measurements (squared) from the original dataset’s unit of measurement.In the case of mean deviation, it gives a large average deviation than the actual deviation due to its conformation to the triangular inequality, whereas standard deviation is affected by outliers and skewed datasets. The aim of this study was to estimate variation about the mean using a technique that would overcome the weaknesses of other global measures. The study employed the geometric averaging technique to average deviation from the mean, which averages absolute products and not sums and it is nonresponsive to outliers and skewed datasets. The study formulated a geometric measure of variation for unweighted and weighted datasets, and probability mass and density functions. Using the formulations, the estimates of the average variation from the mean for the given datasets and probability distributions were computed. From the results established that the estimates obtained by the geometric measures were significantly smaller as compared to those obtained by standard deviation. In terms of efficiency, the measure was more efficient compared to standard deviation is estimating average variation about the mean for geometric, skewed and peaked datasets. en_US
dc.language.iso en en_US
dc.title ESTIMATION OF VARIATION ABOUT THE MEAN USING GEOMETRIC MEASURE en_US
dc.type Thesis en_US


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