Which "mean" to use and when? - Cross Validated
So we have arithmetic mean (AM), geometric mean (GM) and harmonic mean (HM). Their mathematical formulation is also well known along with their associated stereotypical …
Why is Standard Deviation preferred over Absolute Deviations …
Jan 7, 2025 · The mean is the number that minimizes the sum of squared deviations. Absolute mean deviation achieves point (1), and absolute median deviation achieves both points (1) …
"Difference of the means" vs "mean of differences"
Nov 5, 2024 · One takes the pairwise difference of each point of data [ the mean of the differences ] and the other takes mean A and subtracts it from mean B [ the difference of the …
What is the significance of 1 SD? - Cross Validated
Nov 2, 2024 · What do you mean by "the derivative at 1 SD is +- 1"? Derivative of what? If you mean of a density plot, then what distribution? The normal? Different distributions will have …
Will the mean of a set of means always be the same as the mean …
Jan 13, 2015 · The above calculations also demonstrate that there is no general order between the mean of the means and the overall mean. In other words, the hypotheses "mean of means …
What is implied by standard deviation being much larger than the …
What does it imply for standard deviation being more than twice the mean? Our data is timing data from event durations and so strictly positive. (Sometimes very small negatives show up …
mean - "Averaging" variances - Cross Validated
May 6, 2017 · Context is everything here. Are these theoretical variances (moments of distributions), or sample variances? If they are sample variances, what is the relation between …
mean - How do I calculate confidence intervals for a non-normal ...
You can just use a standard confidence interval for the mean: Bear in mind that when we calculate confidence intervals for the mean, we can appeal to the central limit theorem and use …
mean - Is Median Absolute Percentage Error useless? - Cross …
Nov 20, 2022 · I'm working on a project focused on pricing houses. Looking online I see a lot of works and companies providing the performances of their model using the median instead of …
How to calculate `mean` and `sd` of lognormal distribution based …
May 29, 2020 · Lognormal distribution as below: estimate meanlog 6.0515 sdlog 0.3703 How to calculate the mean and sd of this distribution?