What is AD, SD, QD ? Mention needs or importance of AD, SD, QD.
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Given : AD, SD, QD
To Find : What are they
Solution:
AD = Average Deviation also called Mean Deviation
Mean Deviation = ∑ | xi - Mean| /n
QD = Quartile Deviation
Quartile Deviation = {( Q₂ - Q₁ ) + (Q₃ - Q₂)}/2
= (Q₃ - Q₁)/2
SD = √ (∑(xi - Mean)² /n) for population
SD = √( ∑(xi - Mean)² /(n-1)) for population
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