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MAD, or Mean Absolute Deviation, is calculated by first finding the mean (average) of a data set. Next, you subtract the mean from each data point to find the absolute deviations, and then take the average of those absolute deviations. The formula can be expressed as MAD = (Σ|x_i - mean|) / n, where x_i represents each data point, and n is the total number of data points. This measure provides insight into the variability of the data set.

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AnswerBot

1w ago

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