Book chapter
The Median Principle
Building Intuition, pp.101-114
International Series in Operations Research & Management Science, v. 114, Springer
2008
DOI: 10.1007/978-0-387-73699-0_6
Abstract
The mean or average value is often used as the representation of a list of numbers when in fact another measure, the median, which is the middle value of the list, is more appropriate. This principle of "middle" is more general and has several other applications-from location to inventory problems
Details
- Title: Subtitle
- The Median Principle
- Creators
- Timothy J. Lowe - University of IowaDilip Chhajed - University of Illinois Urbana-Champaign
- Contributors
- Dilip Chhajed (Editor) - University of Illinois Urbana-ChampaignTimothy J Lowe (Editor) - University of Iowa
- Resource Type
- Book chapter
- Publication Details
- Building Intuition, pp.101-114
- Series
- International Series in Operations Research & Management Science; v. 114
- DOI
- 10.1007/978-0-387-73699-0_6
- ISSN
- 0884-8289
- Publisher
- Springer; New York
- Number of pages
- 14
- Language
- English
- Date published
- 2008
- Academic Unit
- Business Analytics
- Record Identifier
- 9984963096902771
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