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Truncated mean

A truncated mean or trimmed mean is a statistical measure of central tendency, much like the mean and median. It involves the calculation of the mean after discarding given parts of a probability distribution or sample at the high and low end, and typically discarding an equal amount of both. This number of points to be discarded is usually given as a…

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Truncated mean

Nodes33
Edges32
Triples15
Avg. degree1.94
Density0.060606
Components1

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Truncated mean

Top relations

related to Advantages · 9
Truncated mean → Cauchy, For, However, In, It, Note, Olympic, One, The
related to Statistical tests · 3
Truncated mean → It, Student's, Yuen's
related to Examples · 2
Truncated mean → The, The Libor
is a · 1
Truncated mean → useful estimator because it is less sensitive to outliers than the mean but will still give a reasonable estimate of central tendency or mean for many statistical models

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Important terminology

mean trimmed median truncated distribution sample would given discarded also statistical example points efficiency discarding end discard maximum values remaining

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SubjectPredicateObjectConfidenceSrc
Truncated meanis auseful estimator because it is less sensitive to outliers than the mean but will still give a reasonable estimate of central tendency or mean for many statistical models0.90text
Truncated meanrelated to AdvantagesThe0.60section
Truncated meanrelated to AdvantagesIn0.60section
Truncated meanrelated to AdvantagesFor0.60section
Truncated meanrelated to AdvantagesOlympic0.60section
Truncated meanrelated to AdvantagesOne0.60section
Truncated meanrelated to AdvantagesCauchy0.60section
Truncated meanrelated to AdvantagesIt0.60section
Truncated meanrelated to AdvantagesHowever0.60section
Truncated meanrelated to AdvantagesNote0.60section
Truncated meanrelated to ExamplesThe0.60section
Truncated meanrelated to ExamplesThe Libor0.60section

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