Question

What is the Mean Absolute Value?​

Answer 1

The average absolute deviation, or mean absolute deviation, of a data set is the average of the absolute deviations from a central point. It is a summary statistic of statistical dispersion or variability.

Answer 2

Mean absolute deviation (MAD) of a data set is the average distance between each data value and the mean. Mean absolute deviation is a way to describe variation in a data set. Mean absolute deviation helps us get a sense of how "spread out" the values in a data set are.

Explanation: