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  2. Mid-range - Wikipedia

    en.wikipedia.org/wiki/Mid-range

    Mid-range. In statistics, the mid-range or mid-extreme is a measure of central tendency of a sample defined as the arithmetic mean of the maximum and minimum values of the data set: [1] The mid-range is closely related to the range, a measure of statistical dispersion defined as the difference between maximum and minimum values.

  3. Range (statistics) - Wikipedia

    en.wikipedia.org/wiki/Range_(statistics)

    In descriptive statistics, the range of a set of data is size of the narrowest interval which contains all the data. It is calculated as the difference between the largest and smallest values (also known as the sample maximum and minimum ). [1] It is expressed in the same units as the data. The range provides an indication of statistical ...

  4. Central tendency - Wikipedia

    en.wikipedia.org/wiki/Central_tendency

    Central tendency. In statistics, a central tendency (or measure of central tendency) is a central or typical value for a probability distribution. [1] Colloquially, measures of central tendency are often called averages. The term central tendency dates from the late 1920s.

  5. Statistical model - Wikipedia

    en.wikipedia.org/wiki/Statistical_model

    A statistical model is a mathematical model that embodies a set of statistical assumptions concerning the generation of sample data (and similar data from a larger population ). A statistical model represents, often in considerably idealized form, the data-generating process. [1] When referring specifically to probabilities, the corresponding ...

  6. Order statistic - Wikipedia

    en.wikipedia.org/wiki/Order_statistic

    Order statistic. Probability density functions of the order statistics for a sample of size n = 5 from an exponential distribution with unit scale parameter. In statistics, the k th order statistic of a statistical sample is equal to its k th-smallest value. [1] Together with rank statistics, order statistics are among the most fundamental ...

  7. Interquartile range - Wikipedia

    en.wikipedia.org/wiki/Interquartile_range

    Interquartile range. In descriptive statistics, the interquartile range ( IQR) is a measure of statistical dispersion, which is the spread of the data. [1] The IQR may also be called the midspread, middle 50%, fourth spread, or H‑spread. It is defined as the difference between the 75th and 25th percentiles of the data.

  8. Glossary of probability and statistics - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_probability...

    This glossary of statistics and probability is a list of definitions of terms and concepts used in the mathematical sciences of statistics and probability, their sub-disciplines, and related fields. For additional related terms, see Glossary of mathematics and Glossary of experimental design . Contents:

  9. What does the slang word 'mid' really mean? - AOL

    www.aol.com/news/does-slang-word-mid-really...

    According to Bark.us, a company that decodes teen slang, "mid" is "a term used to describe something that is average, not particularly special, 'middle of the road.'". Urban Dictionary states that ...