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#mean_log_deviation

Mean log deviation

Measure of income inequality

In statistics and econometrics, the mean log deviation (MLD) is a measure of income inequality. The MLD is zero when everyone has the same income, and takes larger positive values as incomes become more unequal, especially at the high end.

Mon 18th

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Mean log deviation Geometric standard deviation Average absolute deviation Coefficient of variation Standard deviation Log-normal distribution Standard error Geometric mean Gini coefficient Reference range
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