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The mid-range is rarely used in practical statistical analysis, as it lacks efficiency as an estimator for most distributions of interest, because it ignores all intermediate points, and lacks robustness, as outliers change it significantly. Indeed, for many distributions it is one of the least efficient and least robust statistics.
Simple L-estimators can be visually estimated from a box plot, and include interquartile range, midhinge, range, mid-range, and trimean.. In statistics, an L-estimator (or L-statistic) is an estimator which is a linear combination of order statistics of the measurements.
In descriptive statistics, the range of a set of data is size of the narrowest interval which contains all the data. It is calculated as the difference between the largest and smallest values (also known as the sample maximum and minimum). [1] It is expressed in the same units as the data. The range provides an indication of statistical ...
The Interquartile Range (IQR), defined as the difference between the upper and lower quartiles (), may be used to characterize the data when there may be extremities that skew the data; the interquartile range is a relatively robust statistic (also sometimes called "resistance") compared to the range and standard deviation. There is also a ...
In statistics, the sample maximum and sample minimum, also called the largest observation and smallest observation, are the values of the greatest and least elements of a sample. [1] They are basic summary statistics, used in descriptive statistics such as the five-number summary and Bowley's seven-figure summary and the associated box plot.
In descriptive statistics, the mean may be confused with the median, mode or mid-range, as any of these may incorrectly be called an "average" (more formally, a measure of central tendency). The mean of a set of observations is the arithmetic average of the values; however, for skewed distributions , the mean is not necessarily the same as the ...
“Mid is a fun word that I find indicative of the ways in which the newer generations are using language, particularly how younger users find ways to downgrade less-than-pleasant experiences ...
The median of a finite list of numbers is the "middle" number, when those numbers are listed in order from smallest to greatest. If the data set has an odd number of observations, the middle one is selected (after arranging in ascending order).