The AVEDEV() function is used to calculate the average of the absolute deviations of data points from their mean. It is a statistical function that is commonly used in data analysis.
How to use AVEDEV()?
To use the AVEDEV() function in Microsoft Excel, follow these steps:
- Select a cell where you want to display the result.
- Enter the function name “=AVEDEV()” in the formula bar.
- Select the range of data points for which you want to calculate the average deviation.
- Close the brackets and press Enter.
Example or AVEDEV() Function in Excel:
Example 1: Suppose you have a set of data points: 5, 10, 15, 20, 25. To calculate the average deviation using the AVEDEV() function, you can enter the below formula in a cell, which would return a result of 7.
=AVEDEV(5,10,15,20,25)Example 2: Suppose you have a set of data points: 2, 4, 6, 8, 10. To calculate the average deviation using the AVEDEV() function, you can enter the below formula in a cell, which would return a result of 2.4.
=AVEDEV(2,4,6,8,10)Example 3: Suppose you have a set of data points: 100, 200, 300, 400, 500. To calculate the average deviation using the AVEDEV() function, you can enter the below in a cell, which would return a result of 120.
=AVEDEV(100,200,300,400,500)Example 4: Suppose you have a set of data points: 1, 3, 5, 7, 9. To calculate the average deviation using the AVEDEV() function, you can enter the below in a cell, which would return a result of 2.
=AVEDEV(1,3,5,7,9)Example 5: Suppose you have a set of data points: 20, 30, 40, 50, 60. To calculate the average deviation using the AVEDEV() function, you can enter the below in a cell, which would return a result of 12.
=AVEDEV(20,30,40,50,60)In each of these examples, the AVEDEV() function was used to calculate the average deviation of the data points from their mean.
Similar functions for =AVEDEV():
- AVERAGE() – Calculates the average of a range of data points.
- STDEV() – Calculates the standard deviation of a range of data points.
- MEDIAN() – Calculates the median of a range of data points.
- MODE() – Calculates the mode of a range of data points.
- SUM() – Calculates the sum of a range of data points.
FAQ for AVEDEV() formula:
The AVEDEV() function calculates the average deviation of data points from their mean, while the STDEV() function calculates the standard deviation of data points from their mean.
The AVEDEV() function is used to measure the average deviation of data points from their mean, which helps to identify how spread out the data points are.
Can the AVEDEV() function be used with non-numeric data points?
The syntax for the AVEDEV() function is “=AVEDEV(number1, [number2], [number3], …)”.
The result of the AVEDEV() function represents the average deviation of the data points from their mean. A lower value indicates that the data points are closer to their mean, while a higher value indicates that the data points are more spread out.
Learn Excel Functions
- Real-World uses of Excel’s ATAN Function
- Comparing the Use of ATAN, ATAN2, and TAN Functions in Excel
- Mastering the ATAN Function in Excel: Tips and Tricks
- Mastering Excel: A Step-by-Step Guide on How to Filter Two Columns Using Advanced Filter Function
- Compare of ACCRINT & YIELD Functions – When to Use Each one
- Real-World Applications of Excel’s ACCRINT Function
- Mastering the ACCRINT Function in Excel: Tips and Tricks for Efficient Accrued Interest Calculations
- A Beginner’s Guide to AVERAGEIF Formula in Excel
- Learn VBA DIR Function – An Easy Explanation with Examples
- Learn =AVERAGEA() function – How to use with examples
- Learn =AVERAGE() function How to use with examples
- Learn =AVEDEV() Function – How to use with examples
- Learn =ATAN2() function – How to use with example
