RiskMeanAbsDev

Description

RiskMeanAbsDev (cellref or output/input name,Sim#) returns the mean absolute deviation of the simulated distribution for cellref.  Mean Absolute Deviation is the mean of the data's absolute deviations around the data's mean or the average (absolute) distance from the mean.  You can use the RiskTruncate property function to optionally restrict the range of the simulated distribution for calculating the statistic.

Examples

RiskMeanAbsDev (A10) returns the mean absolute deviation of the simulated distribution for cell A10.

RiskMeanAbsDev ("Price") returns the mean absolute deviation of the simulated distribution for the output cell named “Price”.

Guidelines

None.