The "sample" with "mean absolute deviation" indicate about a sample mean absolute deviation is being used as an estimator of the mean absolute deviation of a population
- Mean of the sample MAD=3.3
- Population MAD =6.4
<h3>What does this indicate about a sample mean absolute deviation used as an estimator of the mean absolute deviation of a population?</h3>
Generally, The MAD measures the average dispersion around the mean of a given data collection.
In conclusion, for the corresponding same to mean
the sample mean absolute deviation
7,7 ↔ 0
7,21 ↔ 7
7,22 ↔ 7.5
21,7 ↔ 7
21,21 ↔ 0
21,22 ↔ 0.5
22,7 ↔ 7.5
Therefore
- Mean of the sample MAD=3.3
- Population MAD =6.4
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A. Annual Savings = $60 * 12 = $720
b. $8384.48
500 and 100 because if you see the seven right, seven is the judge and so as the one. Make it 500 and the next number 100. So you'll have en estimate of 600. Ur welcome.