Resistant Measures

Definition

Resistant measures are statistical measures that are not affected by extreme values or outliers in a dataset. They provide a robust summary of the data's central tendency and spread.

Analogy

Think of resistant measures as superheroes who can withstand any attack without being affected. They remain strong and unaffected even when faced with extreme situations.

Related terms

Median: The median is a resistant measure that represents the middle value in a dataset when it is arranged in ascending order.

Interquartile Range (IQR): IQR is a resistant measure that represents the range between the first quartile (25th percentile) and third quartile (75th percentile) of a dataset.

Winsorized Mean: Winsorized mean is a resistant measure that replaces extreme values with less extreme ones, reducing their impact on the overall calculation while still considering them.