The formula is given by: The experimental value is your calculated value, and the theoretical value is your known value. A percentage very close to zero means you are very close to your targeted value, which is good.

σ² (p) = ω² (1)σ² (1) + ω² (2)σ² (2) + ω² (3)σ² (3) + 2COV (12)ω (1)ω (2) + 2COV (13)ω (1)ω (3) + 2COV (23)ω (2)ω (3) If you assume the correlations are all 0 (the assets are completely independent), then the last three terms go away. If you equally-weight the assets, then the formula becomes. $Average \: Deviation= \frac{\left | 4-9 \right |+\left | 6-9 \right |+\left | 8-9 \right |+\left | 10-9 \right |+\left | 12-9 \right |+\left | 14-9 \right |}{6}$ $Average \: Deviation=\frac{5+ 3+ 1+ 1+ 3+ 5}{6}$ Chemical equations are a compact and convenient way to represent chemical reactions. Chemical equations reflect this conservation. It is why chemical equations must be balanced. Atoms have mass, and the numbers of each kind of atom on each side of the equation must be the same.

Variance "Average Deviation" The range only involves the smallest and largest numbers, and it would be desirable to have a statistic which involved all of the data values. The first attempt one might make at this is something they might call the average deviation from the mean and define it as