Truncated mean

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Notion

Domain

Science and technology

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What Wikipedia says

A truncated mean or trimmed mean is a statistical measure of central tendency, much like the mean and median. It involves the calculation of the mean after discarding given parts of a probability distribution or sample at the high and low end, and typically discarding an equal amount of both.

Excerpt from the Wikipedia article “Truncated mean”, under the CC BY-SA 4.0 license. Read the article on Wikipedia