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Question: Another measure of variation is the mean absolute deviation. It is computed using the formula MAD…

by | Nov 30, 2023 | Posted Questions


Another measure of variation is the mean absolute deviation. It
is computed using the formula

MAD

Compute the mean absolute deviation of the sample data shown
below and compare the results with the sample standard
deviation.

​$980, ​$2038, ​$918, ​$1899

a) Compute the mean absolute deviation of the data.

b)Compute the sample variance.

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