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mean deviation
(redirected from Absolute deviation)

   Also found in: Acronyms, Wikipedia 0.04 sec.

mean deviation

In statistics, a measure of the spread of a population from the mean.

Thus, if there are n observations with a mean of m, the mean deviation is the sum of the absolute values of the differences of the observation values from m, divided by n.



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? Mentioned in ? References in periodicals archive
 
T]) values were detected using median absolute deviation (Young et al.
The mean absolute deviation of the first digits of the census data is 0.
The median value of the daily standard deviations was 22 basis points from late September through December, and the median absolute deviation of the funds rate was 16 basis points, both well above the corresponding levels for all of 1997 and through the first three quarters of 1998 (table 6).
 
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