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Quotes of the day:
I believe that the great Creator has put ores and oil on this earth to give us a breathing spell. As we exhaust them, we must be prepared to fall back on our farms, which is God\'s true storehouse and can never be exhausted. We can learn to synthesize material for every human need from things that grow.
Winsorized mean is a method of averaging that initially replaces the smallest and largest values with the observations closest to them. This is done to limit the effect of abnormal extreme values, or outliers, on the calculation. After replacing the values, arithmetic mean formula is then used to calculate the winsorized mean.
Trimmed and winsorized mean, and quartiles deciles and percentiles
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