Median, Advanced Statistics

Assignment Help:

Median is the value in a set of the ranked observations which divides the data into two parts of equal size.

When there are an odd number of observations the median is middle value. When there is an even number of the observations the measure is calculated as the average of two central values. It provides a measure of the location of a sample which is suitable for asymmetric distributions and is also relatively insensitive to presence of outliers. 

 


Related Discussions:- Median

Explain response surface methodology (rsm), Response surface methodology (R...

Response surface methodology (RSM): The collection of the statistical and mathematical methods useful for improving, developing, and optimizing processes with significant applicat

Descriptive statistics, how to describe association between quantitative an...

how to describe association between quantitative and categorical variables

Morbidity, Morbidity is the term used in the epidemiological studies to de...

Morbidity is the term used in the epidemiological studies to describe sickness in the human populations. The WHO Expert Committee on the Health Statistics noted in its sixth repor

Hot deck, Hot deck is a method broadly used in surveys for imputing the mi...

Hot deck is a method broadly used in surveys for imputing the missing values. In its easiest form the method includes sampling with replacement m values from the sample respondent

Probability., 5. Packages from a machine a normally distributed with a mean...

5. Packages from a machine a normally distributed with a mean 200g and its standard deviation 2grams. Find the probability that a package from the machine weighs a) Less than

Durbin watson statistic, The Null Hypothesis - H0: There is no first order ...

The Null Hypothesis - H0: There is no first order autocorrelation The Alternative Hypothesis - H1: There is first order autocorrelation Durbin-Watson statistic = 1.98307

Explain influence statistics, Influence statistics: The range of statistic...

Influence statistics: The range of statistics designed to assess the effect or the in?uence of an observation in determining results of the regression analysis. The general approa

Lexis diagram, Lexis diagram  is the diagram for displaying the simultaneou...

Lexis diagram  is the diagram for displaying the simultaneous effects of the two time scales (generally age and calendar time) on a rate. For instance, mortality rates from cancer

Cointegration, Cointegration : The vector of not motionless time sequence i...

Cointegration : The vector of not motionless time sequence is said to be cointegrated if the linear combination of the individual series is stationary. Facilitates suitable testing

Egret, This is acronym for the Epidemiological, Graphics, Estimation and Te...

This is acronym for the Epidemiological, Graphics, Estimation and Testing of the program developed for the analysis of the data from studies in epidemiology. It can be made in use

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd