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On the asymptotic distribution of the mean absolute deviation about the mean

Methodology 2014-06-18 v1

Abstract

The mean absolute deviation about the mean is an alternative to the standard deviation for measuring dispersion in a sample or in a population. For stationary, ergodic time series with a finite first moment, an asymptotic expansion for the sample mean absolute deviation is proposed. The expansion yields the asymptotic distribution of the sample mean absolute deviation under a wide range of settings, allowing for serial dependence or an infinite second moment.

Keywords

Cite

@article{arxiv.1406.4151,
  title  = {On the asymptotic distribution of the mean absolute deviation about the mean},
  author = {Johan Segers},
  journal= {arXiv preprint arXiv:1406.4151},
  year   = {2014}
}

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11 pages