I assume you want to take the absolute value of a set of data, find the average and convert it to a percentage.
For example, my data set is -1 -5 -3. The absolute values sum to 9, the average is 3 and presented as a percentage, it is 300%.
I would put in my excel spreadsheet the numbers in a single column (let's call it a2, a3, a4) then in b2 cell, enter +abs(a2) and copy down. At the bottom of the absolute values, enter +average(b2:b4) or whatever your range is. You can use format cell option under edit to convert to %. If you use Excel 2007, you will find % icon under the home tab, on the number pane of the ribbon.
To calculate the mean absolute deviation (MAD) in Excel, you need to follow these steps: First, enter your data set into a column in Excel. In an empty cell, use the formula =AVERAGE(ABS(A1:A10-MEDIAN(A1:A10))), replacing A1:A10 with the range of your data. Press Enter to get the MAD value, which represents the average of the absolute differences between each data point and the median of the data set.
You calculate the mean.For each observation, you calculate its deviation from the mean.Convert the deviation to absolute deviation.Calculate the mean of these absolute deviations.
i want to calculate the percentage of mean value of particular data.
calculate the effective return (mean return minus the risk free rate) divided by the beta. the excel spreadsheet in the related link has an example.
The mean absolute percent prediction error (MAPE), .The summation ignores observations where yt = 0.
To calculate the mean absolute deviation (MAD) in Excel, you need to follow these steps: First, enter your data set into a column in Excel. In an empty cell, use the formula =AVERAGE(ABS(A1:A10-MEDIAN(A1:A10))), replacing A1:A10 with the range of your data. Press Enter to get the MAD value, which represents the average of the absolute differences between each data point and the median of the data set.
You calculate the mean.For each observation, you calculate its deviation from the mean.Convert the deviation to absolute deviation.Calculate the mean of these absolute deviations.
i want to calculate the percentage of mean value of particular data.
calculate the effective return (mean return minus the risk free rate) divided by the beta. the excel spreadsheet in the related link has an example.
The mean absolute percent prediction error (MAPE), .The summation ignores observations where yt = 0.
0 to Infinity
The term "mean" is another way of saying "average." In order to calculate a mean percentage score, you must add together all the percentages, and divide the total by the amount of percentage scores being used.
173.5
The lower the better
When you absolute reference in Microsoft excel it means that you always want it to reference that cell within the formula. To absolute reference, put $ before the letter and the number.
It gets the average of the absolute deviations of a set of values from their mean. It can use numbers or references to those numbers.
(0.6745 * Standard deviation)/ (n^1/2) :)