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From: Federico Rossi (no email)
Date: Mon Oct 18 2004 - 03:51:24 EDT
George,
The explanation I've found for this recommendation is that this way you
can consider the central value of the odd series (i.e. the so called
median) which is definitely less affected by abnormal values than the
average value.
This is a criterion that I also remember from my statistic course at
university.
Hope this can help.
Federico
-----Messaggio originale-----
Da: Navigation Mailing List [mailto:]
Per conto di George Huxtable
Inviato: domenica 17 ottobre 2004 23.45
A:
Oggetto: Re: Averaging
I have read, here on Nav-l and elsewhere, the recommendation that when
averaging observations, it's best to take an odd, rather than even
number of them.
I've no idea why. Can anyone explain?
George.
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