Questions tagged [central-tendency]

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Measures of central tendency for right-skewed size distributions

Suppose we are looking at a right-skewed size distribution such as the distributions of income, casualty losses, or flood sizes, and we want to look at some alternative measures to jointly represent ...
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24 views

Is there a term to refer to a weighted mean that's weighted by a function of percentile (using a kernel)?

I came-up with a type of central tendency which is a weighted mean. The weighting is based on percentile, with values closer to the median having a higher weight. It's similar to the idea of a ...
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What is a term to describe data where the mode represents a large proportion of all observations?

Below are some histograms of continuous variables, where 20-50% of all observations fall on the mode. Are there any terms to describe data that exhibit this unusual concentration of observations on ...
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Generalization of median, mean for L_p spaces for p different than 1,2

I find it fascinating that the mean and median both minimizing the a measure of error of a point estimate. The median $m_1$ is any (non-unique) $m \in \mathbb R$ which minimizes the $L_1$ norm $\int ...
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220 views

Bimodal distribution dispersion

what is the correct way to study the variability of a data set when all the observations are distributed like a bimodal distribution? For instance, here I identified the two modes as central index. ...
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77 views

central tendency as minimized variance

I'm reading John Kruschke's Doing Bayesian Data Analysis: A Tutorial with R and BUGS, in which it says that we define the central tendency of a distribution as the value $M$ that minimizes the long-...
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25 views

Central Tendency Examples?

Can someone give me separate cases of empirical distributions where: mean does not accurately describe the central tendency. median does not accurately describe the central tendency. mode does not ...
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1answer
24 views

Is mode a measure of central tendency?

I am just starting out with my stat basics and that’s where I came across measures of central tendency. In one of the books measure of central tendency is defined as a measure which yield information ...
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69 views

Ratio of median to mean

Is the ratio of the median to the mean of a distribution used for any descriptors e.g. measure of skewness?
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35 views

What are the different ways to measure dispersion in a binary data?

I am working on a research project which requires finding dispersion from a bunch of 0/1 (binary numbers). The idea is to get several different measures and see whether different measures pick up ...
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1answer
24 views

Examples of high/low central tendency and volatily

There are two important measures for any data set. Its central tendency and its variability. These provide measures of expectation and variability/volatility, respectively. Can there be examples of: ...