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) …
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 …
standard deviation - Can I use 'mean ± SD' for non-negative data …
May 8, 2023 · "Can I use 'mean ± SD' for non-negative data when SD is higher than mean?" clearly you can (you already managed it in the question), the issue is more should you do so. …
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 + 95 % confidence interval versus boxplots - Cross Validated
Feb 10, 2022 · Mean with 95% CI will give you almost the same, but the data must have a normal distribution and you don't get information about quartiles and outliers? Any advantages of …
What is the difference between "mean value" and "average"?
The mean you described (the arithmetic mean) is what people typically mean when they say mean and, yes, that is the same as average. The only ambiguity that can occur is when …
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 …
Does a "Normal Distribution" need to have mean=median=mode?
Sep 17, 2018 · I would like to know your professor's exact wording. In principle a normal distribution has mean, median and mode identical (but so do many other distributions) and has …
mathematical statistics - Mean residual life - Cross Validated
12 If X is a nonnegative random variable representing the life of a component having distribution function F,the mean residual life is defined by