What are mean deviation and standard deviation?
Mean deviation:
Standard deviation:
Example: Data set: 3,4,5,7,8,9
The mean of the data set is,
μ=3+4+5+7+8+96
⇒μ=366
⇒ μ=6
The mean deviation of the data set is,
MD=3-6+4-6+5-6+7-6+8-6+9-66
⇒MD=-3+-2+-1+1+2+36
⇒MD=126
⇒MD=2
The standard deviation of the data set is,
σ=3-62+4-62+5-62+7-62+8-62+9-626
⇒σ=-32+-22+-12+12+22+326
⇒ σ=9+4+1+1+4+96
⇒ σ=286
⇒ σ=2.16