Minoy Jose
Last answered:

11 Jun 2022

 Posted on:

11 Jun 2022
1

Can Median replace Confidence Interval for Mean?

in Statistics / Practical Example - Confidence Intervals

Since Mean can be affected by outliers, would using a Median point estimate be a better choice than using a Mean confidence interval?

1 answers ( 0 marked as helpful)
Ned Krastev
Instructor
Posted on:

11 Jun 2022
2

Hi Minoy,
Some people do in fact prefer to use the Median as a more representative measure.
In my opinion, it is best to calculate both and have a clear idea of how the distribution looks like.
Best,
Ned

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