Master Mean Absolute Deviation In Excel: A Comprehensive Guide To Calculation
To calculate Mean Absolute Deviation (MAD) in Excel, first compute the mean using AVERAGE or Data Analysis Toolpak. Determine absolute deviations by subtracting the mean from each data point, using ABS for negative values. Finally, average the absolute deviations using AVERAGE. MAD reflects the average distance from the mean and provides insight into data variability,…