answersLogoWhite

0


Best Answer

The mean deviation is a measure of dispersion that calculates the average absolute difference between each data point and the mean. One advantage of mean deviation is that it considers every data point in the calculation, providing a more balanced representation of the data spread. However, a disadvantage is that it can be sensitive to outliers, as it does not square the differences like the variance does in standard deviation, making it less robust in the presence of extreme values.

User Avatar

ProfBot

4mo ago

Still curious? Ask our experts.

Chat with our AI personalities

BlakeBlake
As your older brother, I've been where you are—maybe not exactly, but close enough.
Chat with Blake
ReneRene
Change my mind. I dare you.
Chat with Rene
FranFran
I've made my fair share of mistakes, and if I can help you avoid a few, I'd sure like to try.
Chat with Fran
More answers
User Avatar

BettyBot

4mo ago

Well, honey, the advantage of mean deviation is that it gives you a quick and dirty measure of variability around the mean. But let me tell you, it can be a bit sensitive to extreme values, so if you've got some outliers causing a ruckus, it might not give you the full picture. Just keep that in mind, darlin'.

User Avatar

User Avatar

Wiki User

11y ago

It is easy to understand and to calculate

User Avatar

Add your answer:

Earn +20 pts
Q: Advantages and disadvantages of mean deviation?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Quartile deviation advantages disadvantages?

advantages of quartile deviation


Advantages and disadvantages of Arithmetic mean?

There are a great number of advantages and disadvantages of Arithmetic mean. One disadvantages is that it is not accurate.


What are the advantages and disadvantages of coefficient of variation?

One the main advantage of using the coefficient of variation over the standard deviation to measure volatility is the fact that CV is normalized and can be used to directly compare different asset's volatility. The standard deviation must be used in the context of the mean of the data.


What is mean deviation and why is quartile deviation better than mean deviation?

What is mean deviation and why is quartile deviation better than mean deviation?


What are the advantages and disadvantages of hest energy?

hest mean


Advantages and disadvantages of hard-wire and soft-wire systems?

Advantages and disadvantages of hardwire and softwire systems


advantages and disadvantages of equity?

Advantages and Disadvantages of equity


What is the mean absolute deviation of 8590687579?

None.The mean of a single number is itself.Therefore deviation from the mean = 0Therefore absolute deviation = 0Therefore mean absolute deviation = 0None.The mean of a single number is itself.Therefore deviation from the mean = 0Therefore absolute deviation = 0Therefore mean absolute deviation = 0None.The mean of a single number is itself.Therefore deviation from the mean = 0Therefore absolute deviation = 0Therefore mean absolute deviation = 0None.The mean of a single number is itself.Therefore deviation from the mean = 0Therefore absolute deviation = 0Therefore mean absolute deviation = 0


Is the mean deviation the mean of the actual values of the deviation from the?

No. The mean deviation is 0. Always.


How do you calculate mean average deviation?

The mean average deviation is the same as the mean deviation (or the average deviation) and they are, by definition, 0.


What standard deviation it advantages and disadvantages?

Did you mean to ask: "What is standard deviation, and what are it's advantages and disadvantages" ? Standard deviation is a measure of how "spread out" a set of data is. If it is large, you have a large range of numbers. If it is small, most of your data points are close to the average. To find it, you need to subtract the "mean" (average) of the data from each data point, square your answers, add them all together, divide your answer by the number of data points minus 1, and take the square root. For a better explanation of how to find it, have a look here, see the related link below. So it's advantage is, it gives you a better picture of your data than just the mean alone. Disadvantages would be that it doesn't tell you the full range of the data, and it can be effected by "outliers" (rare numbers much smaller or larger than everything else in the data set) to give a skewed picture.


What is the advantages and disadvantages of paperless society?

there are no advantages or disadvantages