Mean Deviation
Mean deviation is the arithmetic mean of the absolute deviations from a chosen central value.
$$MD_a=\frac{1}{n}\sum_{i=1}^{n}|x_i-a|$$
Usage
- Used as a measure of dispersion.
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CAT Formulas
Statistics
Mean Deviation
Mean Deviation
Mean deviation is the arithmetic mean of the absolute deviations from a chosen central value.
$$MD_a=\frac{1}{n}\sum_{i=1}^{n}|x_i-a|$$
Usage
- Used as a measure of dispersion.
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