The Median Absolute Deviation (MAD) is a robust measure of statistical dispersion. Unlike the standard deviation, which squares each deviation from the mean, MAD uses the median of absolute deviations from the median, making it less sensitive to outliers.
To compute MAD, first find the median of the data set, then calculate the absolute difference between each observation and that median, and finally take the median of those absolute differences.
Because it relies on medians, MAD is especially useful in fields like finance or engineering where extreme values can distort traditional variance measures, providing a clearer picture of typical variability.
What is Median Absolute Deviation?
How do I calculate MAD using this calculator?
Why is MAD considered robust?
Can I use this calculator for large data sets?
What is the difference between MAD and standard deviation?
Is there a formula for calculating MAD manually?
When should I use MAD instead of standard deviation?
Results are for informational purposes only and do not constitute professional advice.
