Neutrosophic Statistical Analysis on Gold Rate

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.

Keywords

• gold price
• neutrosophic mean
• coefficient of variation
• neutrosophic statistics