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  2. Absolute difference - Wikipedia

    en.wikipedia.org/wiki/Absolute_difference

    The absolute difference is used to define other quantities including the relative difference, the L 1 norm used in taxicab geometry, and graceful labelings in graph theory. When it is desirable to avoid the absolute value function – for example because it is expensive to compute, or because its derivative is not continuous – it can ...

  3. Mean absolute difference - Wikipedia

    en.wikipedia.org/wiki/Mean_absolute_difference

    The relative mean absolute difference quantifies the mean absolute difference in comparison to the size of the mean and is a dimensionless quantity. The relative mean absolute difference is equal to twice the Gini coefficient which is defined in terms of the Lorenz curve. This relationship gives complementary perspectives to both the relative ...

  4. Absolute value - Wikipedia

    en.wikipedia.org/wiki/Absolute_value

    As noted above, the absolute value of a real or complex number is the distance from that number to the origin, along the real number line, for real numbers, or in the complex plane, for complex numbers, and more generally, the absolute value of the difference of two real or complex numbers is the distance between them.

  5. Relative change - Wikipedia

    en.wikipedia.org/wiki/Relative_change

    The actual difference is not usually a good way to compare the numbers, in particular because it depends on the unit of measurement. For instance, 1 m is the same as 100 cm, but the absolute difference between 2 and 1 m is 1 while the absolute difference between 200 and 100 cm is 100, giving the impression of a larger difference. [4]

  6. Deviation (statistics) - Wikipedia

    en.wikipedia.org/wiki/Deviation_(statistics)

    Absolute deviation in statistics is a metric that measures the overall difference between individual data points and a central value, typically the mean or median of a dataset. It is determined by taking the absolute value of the difference between each data point and the central value and then averaging these absolute differences. [4]

  7. Average absolute deviation - Wikipedia

    en.wikipedia.org/wiki/Average_absolute_deviation

    The mean absolute deviation (MAD), also referred to as the "mean deviation" or sometimes "average absolute deviation", is the mean of the data's absolute deviations around the data's mean: the average (absolute) distance from the mean. "Average absolute deviation" can refer to either this usage, or to the general form with respect to a ...

  8. Kinder Morgan (KMI) Q4 2024 Earnings Call Transcript - AOL

    www.aol.com/kinder-morgan-kmi-q4-2024-014511073.html

    So, I mean, the difference just horseshoes and hand grenades, we generally think about interstate pipes take us four years, two years in permitting and two years to build.

  9. Statistical dispersion - Wikipedia

    en.wikipedia.org/wiki/Statistical_dispersion

    Mean absolute difference (also known as Gini mean absolute difference) Median absolute deviation (MAD) Average absolute deviation (or simply called average deviation) Distance standard deviation; These are frequently used (together with scale factors) as estimators of scale parameters, in which capacity they are called estimates of scale.