Quantitative Methods Q119
0. The returns of a fund are given below:
| Year | Return % |
| 2009 | 5.0 |
| 2010 | -3.2 |
| 2011 | 6.1 |
| 2012 | 4.5 |
| 2013 | 1.3 |
The mean absolute deviation of returns for this fund is closest to:
- Option : B
- Explanation : Mean is 2.74. MAD is the mean of the absolute deviations from 2.74: (2.26 + 5.94 + 3.36 + 1.76 + 1.44) / 5 = 2.95.
