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Related to Central Tendency: standard deviation, measures of dispersion
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Synonyms for average

Synonyms for average

something, as a type, number, quantity, or degree, that represents a midpoint between extremes on a scale of valuation

Synonyms for average

a statistic describing the location of a distribution

(sports) the ratio of successful performances to opportunities

an intermediate scale value regarded as normal or usual

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amount to or come to an average, without loss or gain

achieve or reach on average

approximating the statistical norm or average or expected value

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lacking special distinction, rank, or status

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lacking exceptional quality or ability

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around the middle of a scale of evaluation

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relating to or constituting the most frequent value in a distribution

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relating to or constituting the middle value of an ordered set of values (or the average of the middle two in a set with an even number of values)

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References in periodicals archive ?
However, the situation is complicated because individual differences across measures of central tendency, dispersion, or distributional shape can be considerable (Luce, 1986).
They conclude that the Blue Chip consensus closely matches the FOMC's central tendency forecasts; and, for 1983-94, the Blue Chip consensus was as good as or a better match for the FOMC forecasts than were the Federal Reserve Board staff Greenbook forecasts.
In order to answer the second task, a student would have to know how to compute (at least) the mean and median, compare the varying results, and then justify his or her choice of the more appropriate measure of central tendency.
2] + [alpha] [greater than or equal to] 0 for p [greater than or equal to] 1 and the mean or median are used as the central tendency.
Economic projections for 2004 and 2005, per cent Federal Reserve Governors and Reserve Bank presidents Indicator Range Central tendency 2004 Change, fourth quarter to fourth quarter (a) Nominal GDP 6-7 6 1/4-6 3/4 Real GDP 4-4 3/4 4 1/2-4 3/4 PCE price index excluding food and energy 1 1/2-2 1 3/4-2 Average level, fourth quarter Civilian unemployment rate 5 1/4 - 5 1/2 5 1/4-5 1/2 2005 Change, fourth quarter to fourth quarter(a) Nominal GDP 4 3/4-6 1/2 5 1/4-6 Real GDP 3 1/2-4 3 1/2-4 PCE price index excluding food and energy 1 1/2-2 1/2 1 1/2-2 Average level, fourth quarter Civilian unemployment rate 5-5 1/2 5-5 1/4 Source: Federal Reserve Board (2004).
Despite the close agreement regarding variability among these analyses, significant uncertainty remains regarding the appropriate central tendency estimates (e.
Determining which measure or measures of central tendency to include initially depends on the level of measurement of the variable being described.
The members of the Board of Governors and the Reserve Bank presidents foresee an implicit strengthening of activity after the current rebalancing is over, although the central tendency of their individual forecasts for real GDP still shows a substantial slowdown, on balance, for the year as a whole.
The revised projections are then reported as a range, listing the high and low values for each item, and as a central tendency that omits extreme forecasts and is meant to be a better representation of the consensus view.
Source: A Guide to Tax Policy Analysis: The Central Tendency of Federal Income Tax Liabilities in Distributional Analysis, Joint Economic Committee, U.
In sharp contrast, the present study focused not on measures of central tendency, but on individual errors.
They recommended using statistical tests that compare distributions rather than central tendency.
The issue is not what is happening to the central tendency measures.
Central tendency error occurs if an evaluator classifies a disproportionate number of employees within a group of his or her subordinates as being average.
FIGURES 1a & b reveal a striking similarity between the age distributions of infants from TABULAR DATA OMITTED Romano-British cemetery and non-cemetery sites, both distributions showing a strong central tendency at around full term.
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