Neutrosophic Statistical Analysis on Gold Rate

Authors

  • Kala Raja Mohan Department of Mathematics, Vel Tech Rangarajan Dr. Sagunthala R&D Institute of Science and Technology, Chennai, India.
  • R. Narmada Devi Department of Mathematics, Vel Tech Rangarajan Dr. Sagunthala R&D Institute of Science and Technology, Chennai, India.
  • Nagadevi Bala Nagaram Department of Mathematics, Vel Tech Rangarajan Dr. Sagunthala R&D Institute of Science and Technology, Chennai, India.
  • T. Bharathi Department of Mathematics, Loyala College, Nungambakkam, Chennai-600 034, Tamil Nadu, India.
  • Suresh Rasappan Mathematics Section, College of Technology and Information Sciences, University of Technology and Applied Sciences-Ibri, Post Box-466, Postal Code-516, Ibri, Sultanate of Oman.

Keywords:

Gold Price, Neutrosophic mean, Coefficient of variation, Neutrosophic statistics

Abstract

Gold ornaments are always been seen as a metal of pride and happiness. It is also
considered to be one of the auspicious costliest metals. Gold rate is found at an increasing rate from
an early period. This paper analyzes the gold rate at six different cities in India. For each of the cities,
neutrosophic mean and coefficient of variation have been calculated. The analysis results have been
presented. In addition to that the neutrosophic analysis based on each month also has been
calculated. The results help to know the beneficial month and city for the purchase of gold.

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Published

2023-12-01

Issue

Vol. 60 (2023): Neutrosophic Sets and Systems

Section

SI#1,2024: Neutrosophical Advancements And Their Impact on Research

License

Copyright (c) 2023 Neutrosophic Sets and Systems

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

 Creative Commons Attribution (CC BY) license.

How to Cite

Kala Raja Mohan, R. Narmada Devi, Nagadevi Bala Nagaram, T. Bharathi, & Suresh Rasappan. (2023). Neutrosophic Statistical Analysis on Gold Rate. Neutrosophic Sets and Systems, 60, 113-123. https://fs.unm.edu/nss8/index.php/111/article/view/3743