02-11-2021, 08:40
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#8
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Sulking in the Corner
Join Date: Jul 2009
Location: RG41
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Posts: 11,955
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Re: Budget 2021
Quote:
Originally Posted by Hugh
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Median can also be a distortion if there is an extremely wide range between top and bottom.
In terms of using Excel, the TRIMMEAN method allows you to trim at the top and bottom based on a rationale, and then takes the MEAN of what's left.
I'm surprised at the surveymethods.com advice.
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Seph.
My advice is at your risk.
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