Median as a weighted arithmetic mean of all sample observations

It is generally held that median does not use all sample observations. However, median may be expressed as a weighted arithmetic mean of all sample observations. Some Monte Carlo studies have been conducted to show that the method works perfectly well.

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Year of publication:	2004-06-01
Authors:	Mishra, SK
Published in:	Economics Bulletin. - AccessEcon, ISSN 1545-2921. - Vol. 3.2004, 17, p. 1-3
Publisher:	AccessEcon

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Extent:	application/pdf
Type of publication:	Article
Classification:	C1 - Econometric and Statistical Methods: General ; B4 - Economic Methodology
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010629288