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 examples (e.g., Harmonic mea...

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 ...

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) and (3).

Dec 20, 2017 · What does the notation like 8.6e-28 mean? What is the 'e' for? (2 answers) Closed 7 years ago. After running the lm regression model using R, sometime one is bound to get very small P values or values in the covariance matrix. Something of the sort: -1.861246e-04 for example in a covariance matrix.

Remember that the sample mean x¯ x is itself a random variable. So the first formula tells you the standard deviation of the random variable x¯ x in terms of the standard deviation of the original distribution and the sample size.

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 words? Does it means: MAPE/MAE s...

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 due to clock

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 someone is using a different type of mean, such as the geometric mean or the harmonic mean, but I think it is implicit from your question that you were talking about the arithmetic mean.

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 the samples? Do they come from the same population? If yes, do you have available the size of each sample? If the samples do not come from the same population, how …

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 different derivatives at 1 SD from the mean.