Uncertainty-Based Trimmed Coefficient of Variation with Application

Abstract

In this paper, the neutrosophic trimmed average, neutrosophic trimmed standard deviation, and neutrosophic trimmed coefficient of variation (NTCV) are introduced. The application of the proposed neutrosophic trimmed descriptive statistics is given with the help of measurement data. The comparisons of the proposed NTCV are compared with the existing neutrosophic coefficient of variation (NCV). From the comparisons, it is concluded that the proposed NTCV is more efficient than NCV in terms of consistency and measures of indeterminacy. Based on the study, it is recommended to apply the proposed NTCV in the industry when there is a need to make decisions on the basis of measurement data.