Given the three sample proportions 0.23, 0.36, and 0.41, determine the MAD statistic. Round your answer to 3 decimal places, e.g. 0.583.
If by MAD, you are referring to Median Absolute deviation,
Data in ascending order: 0.23, 0.36, 0.41
Median = 0.36
Take deviation from each value
|0.23 - 0.36| = 0.13
|0.36 - 0.36| = 0
|0.41 - 0.36| = 0.05
Deviations in ascending order = 0, 0.05, 0.13
Median of the deviations = 0.05
Median absolute deviation, MAD = 0.050
If by MAD, you are referring to Mean Absolute deviation,
Mean = (0.23 + 0.36 + 0.41)/3 = 0.3333
Deviations are = |0.23 - 0.3333| = 0.1033
|0.36 - 0.3333| = 0.0267
|0.41 - 0.3333| = 0.0767
Mean absolute deviation = (0.1033 + 0.0267 + 0.0767)/3
= 0.069
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