The Mean Absolute Deviation, often abbreviated as MAD, serves as a statistical tool employed to gauge the dispersion in a given dataset. It works by computing the average disparity between every data point in the set and the mean, without considering whether the difference is negative or positive. A higher MAD is indicative of a larger variability, conversely, a lower value suggests the data points are closely clustered around the mean.
Topic | Problem | Solution |
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None | Find the mean absolute deviation of the following… | First, calculate the mean (average) of the data set: \( \frac{5 + 10 + 15 + 20 + 25}{5} = 15 \) |