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ralph lauren polo

SK Mishra
''Median as a weighted arithmetic mean of all sample observations''
( 2004, Vol. 3 No.18 )
This paper shows how median may be computed as a weighted arithmetic mean of all sample observations, unlike the conventional method that obtains median as the middle value (odd observations) or a simple mean of the two middlemost values (even observations). Monte Carlo experiments have been carried out to investigate the bias, efficiency and consistency of the alternative methods.
JEL: C1 - Econometric and Statistical Methods: General
Manuscript Received : Jun 03 2004 Manuscript Accepted : Jun 12 2004

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