Which measure of dispersion is base on the absolute deviation only?

CA Foundation · Quantitative Aptitude · MTP · May 2026
Which measure of dispersion is base on the absolute deviation only?
(A) A. Range
(B) B. Standard Deviation
(C) C. Mean Deviation
(D) D. Quartile Deviation

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. Mean Deviation

Topics: Part-A: Business Mathematics, Part-C: Statistics

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