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  2. Median - Wikipedia

    en.wikipedia.org/wiki/Median

    The median of a normal distribution with mean μ and variance σ 2 is μ. In fact, for a normal distribution, mean = median = mode. The median of a uniform distribution in the interval [a, b] is (a + b) / 2, which is also the mean. The median of a Cauchy distribution with location parameter x 0 and scale parameter y is x 0, the location parameter.

  3. Mode (statistics) - Wikipedia

    en.wikipedia.org/wiki/Mode_(statistics)

    Taking the mean μ of X to be 0, the median of Y will be 1, independent of the standard deviation σ of X. This is so because X has a symmetric distribution, so its median is also 0. The transformation from X to Y is monotonic, and so we find the median e 0 = 1 for Y. When X has standard deviation σ = 0.25, the distribution of Y is weakly skewed.

  4. Median absolute deviation - Wikipedia

    en.wikipedia.org/wiki/Median_absolute_deviation

    The median absolute deviation is a measure of statistical dispersion. Moreover, the MAD is a robust statistic , being more resilient to outliers in a data set than the standard deviation . In the standard deviation, the distances from the mean are squared, so large deviations are weighted more heavily, and thus outliers can heavily influence it.

  5. Average - Wikipedia

    en.wikipedia.org/wiki/Average

    The median is the middle number of the group when they are ranked in order. (If there are an even number of numbers, the mean of the middle two is taken.) Thus to find the median, order the list according to its elements' magnitude and then repeatedly remove the pair consisting of the highest and lowest values until either one or two values are ...

  6. Mediant (mathematics) - Wikipedia

    en.wikipedia.org/wiki/Mediant_(mathematics)

    In mathematics, the mediant of two fractions, generally made up of four positive integers. and is defined as + +.. That is to say, the numerator and denominator of the mediant are the sums of the numerators and denominators of the given fractions, respectively.

  7. Central tendency - Wikipedia

    en.wikipedia.org/wiki/Central_tendency

    the weighted arithmetic mean of the median and two quartiles. Winsorized mean an arithmetic mean in which extreme values are replaced by values closer to the median. Any of the above may be applied to each dimension of multi-dimensional data, but the results may not be invariant to rotations of the multi-dimensional space. Geometric median

  8. I’m 52, my portfolio just hit $2,000,000, and I want to spend ...

    www.aol.com/finance/m-52-portfolio-just-hit...

    According to Vanguard's 2024 How America Saves report, Americans ages 55 to 64 have a median balance of $87,571 in their defined contribution plans, like 401(k)s and 403(b)s. So by this account ...

  9. Quartile - Wikipedia

    en.wikipedia.org/wiki/Quartile

    Use the median to divide the ordered data set into two halves. The median becomes the second quartile. If there are an odd number of data points in the original ordered data set, do not include the median (the central value in the ordered list) in either half.