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absolute deviation
(redirected from Mean Absolute Deviation)

   Also found in: Acronyms, Wikipedia 0.04 sec.
absolute deviation [′ab·sə‚lüt dēv·ē′ā·shən]
(ordnance)
The shortest distance between the center of the target and the point where a projectile hits or bursts.
(statistics)
The difference, without regard to sign, between a variate value and a given value.


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The deviation scores were averaged across the two sets of 18 bipolar adjectives to obtain a mean absolute deviation from neutrality (ABSDEV) score for each respondent.
Alternatively, one can define tracking error as the mean absolute deviation between active portfolio and benchmark returns, see for example, Satchell and Hwang (2001).
The deviation scores were then averaged across the set of 18 bipolar adjectives and across the two target groups to obtain a mean absolute deviation from neutrality (ABSDEV) score for each respondent.
 
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