The interquartile mean is a measure of central tendency. While all values in a data set are used to calculate the mean, only the interquartile range -- the central portion of a data set -- is used to ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
A set of numbers can be difficult to interpret and it can be a challenge to gain an overview of what they show. Finding different averages of a set of data gives us a tool to describe the results. The ...
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