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SHOULD I USE 'MEDIAN' INSTEAD OF 'MEAN' FOR NONPARAMETRIC …
Jun 6, 2020 The mean has a proper interpretation outside normal distributions, and it can have problems, such as its vulnerability to outliers (which in some applications is more of a problem …
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HOW TO INTERPRET ROOT MEAN SQUARED ERROR (RMSE) VS STANDARD …
Oct 27, 2016 Let's say I have a model that gives me projected values. I calculate RMSE of those values. And then the standard deviation of the actual values. Does it make any sense to …
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WHY IS MEDIAN AGE A BETTER STATISTIC THAN MEAN AGE?
Oct 22, 2013 People of such age have 1.5 to 4 times the influence on the mean than they do on the median compared to very young people. Thus, the median is a bit more up-to-date statistic …
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WHICH IS BETTER, REPLACEMENT BY MEAN AND REPLACEMENT BY MEDIAN?
Mar 27, 2015 Replacement by mean or median --- or mode -- is in effect saying that you have no information on what a missing value might be. It is hard to know why imputation is though to …
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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?
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WHAT DOES THE NOTATION LIKE 8.6E-28 MEAN? WHAT IS THE 'E' FOR?
Feb 23, 2015 I have a problem with the interpretation of a test result in which the p-value is 8.6e-28. How should it be interpreted? What is the e for? Specifically, I used White's Test for the …
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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 …
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MEAN - IS IT CORRECT TO USE PLUS OR MINUS SYMBOL BEFORE STANDARD ...
Apr 21, 2015 I have represented standard deviation as "±SD" before in publications. But I like to have opinions on this. Is it appropriate to use the notation '±' with SD ? Or ...
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MEAN - DIFFERENCE BETWEEN STANDARD ERROR AND STANDARD DEVIATION …
Nov 3, 2017 I'm struggling to understand the difference between the standard error and the standard deviation. How are they different and why do you need to measure the standard ...
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MEAN - "AVERAGING" VARIANCES - CROSS VALIDATED
May 6, 2017 I need to obtain some sort of "average" among a list of variances, but have trouble coming up with a reasonable solution. There is an interesting discussion about the differences …
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MEAN ABSOLUTE DEVIATION VS. STANDARD DEVIATION - CROSS VALIDATED
Jan 13, 2014 After calculating the "sum of absolute deviations" or the "square root of the sum of squared deviations", you average them to get the "mean deviation" and the "standard …
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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 …
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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 …
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HOW DO I INTERPRET MEAN ABSOLUTE ERROR (MAE) OR MEAN ABSOLUTE ...
Apr 29, 2020 For example, I am predicting a score that can have value from 0 to 100. Lets assume MAPE = 10 for one case. In other case MAE = 10. How can I interpret it in layman …
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WHAT DOES 'OLS ESTIMATOR FOR $\SIGMA^2$' MEAN? - CROSS VALIDATED
Dec 8, 2020 What does 'OLS estimator for $\sigma^2$' mean? Ask Question Asked 4 years, 8 months ago Modified 4 years, 8 months ago
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CALCULATE STANDARD DEVIATION FROM SAMPLE SIZE, MEAN, AND …
Jan 2, 2018 If you are assuming a normal distribution then the formula for the endpoints of the confidence interval is strictly a function of the sample standard deviation. The other variables …
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MEAN SQUARED ERROR VS SUM SQUARED ERROR - CROSS VALIDATED
Apr 9, 2020 What is the difference between Mean Squared Error and Sum Squared Error in Linear regression?
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WHAT DOES IT MEAN, WHEN, THREE STANDARD DEVIATIONS AWAY FROM …
Nov 1, 2017 Does it just mean my sample is not representative of the total population? I mean, obviously, it isn't, but let's assume I don't know that humans younger than 34 and older than …
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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 …
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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 …
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