Abstract:The mean, median, and mode are usually calculated from univariate observations as the most basic representative values of a random variable. To measure the spread of the distribution, the standard deviation, interquartile range, and modal interval are also calculated. When we analyze continuous relations between a pair of random variables from bivariate observations, regression analysis is often used. By minimizing appropriate costs evaluating regression errors, we estimate the conditional mean, median, and mo… Show more
Set email alert for when this publication receives citations?
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.