Given the three sample proportions 0.22, 0.31, and 0.42, determine the MAD statistic. Round your answer to 3 decimal places, e.g. 0.583.
Answer:
Given,
To determine the MAD statistic
The sample proportions are 0.22, 0.31 ,0.42
Here we can compute the MAD statistic as follows
MAD = ( |0.22 - 0.31| + |0.22 - 0.42| + |0.31 - 0.42| ) / 3
= (0.09 + 0.2 + 0.11)/3
= 0.4/3
MAD statistic = 0.133
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