Nonparametric Distribution
Analysis - Right Censoring
Actuarial Estimation Method - Characteristics of Variable
|
|
Nonparametric Distribution
|
|
The median is a measure of the center of the distribution.
Nonparametric estimates do not depend on any particular distribution and therefore are good to use when no distribution adequately fits the data.
Example Output |
|
|
Nonparametric Estimates
Characteristics of Variable
Standard 95.0% Normal CI 76.8 7.58947 61.9249 91.6751 |
Interpretation |
|
Median (76.8) is a resistant statistic because outliers and the tails in a skewed distribution do not significantly affect the values.
Free online chart generators for statistical analysis:
Useful tools:
