Coefficient of dispersion definition
Coefficient of dispersion means a statistical measure of assessment uniformity for a category of property or for all property within a taxing jurisdiction;
Coefficient of dispersion means the average absolute deviation of assessment/sales ratios from the median assessment/sales ratio, expressed as a percentage of the median;
Coefficient of dispersion means a statistical measure of
More Definitions of Coefficient of dispersion
Coefficient of dispersion or “COD” means the average deviation of a group of assessment ratios, taken around the median, arithmetic mean, or weighted mean ratio and expressed as a percent of that measure. For the purposes of Part [201] 8201 of this Title, the COD measures the extent to which uniformity has been achieved by an assessing unit.
Coefficient of dispersion means the measure of the
Coefficient of dispersion means the average percentage deviation from the median ratio.
Coefficient of dispersion means the average percentage deviation of the assessment ratios from the median assessment ratio for a group of properties;
Coefficient of dispersion means the average absolute deviation of sales/assessment ratios from the median sales/assessment ratio in each property class, expressed as a percentage of such measure.
Coefficient of dispersion. (COD) means the average deviation of a group of numbers from the median expressed as a percentage of the median.
Coefficient of dispersion means the measure which shows the distribution of the individual ratios about the median. It is calculated by dividing the measure of dispersion (the average deviation) by the measure of central tendency (the median). The more uniform the assessments, the lower the coefficient of dispersion.