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- Tyranny_of_averages abstract "The tyranny of averages is a phrase used in applied statistics to describe the often overlooked fact that the mean does not provide any information about the shape of the probability distribution of a data set or skewness, and that decisions or analysis based on only the mean—as opposed to median and standard deviation—may be faulty.A UN Development Program press release discusses a real world example:A new report launched 1 July [2005] warns that in Asia and the Pacific, the rising prosperity and fast growth in populous countries like China and India is hiding widespread extreme poverty in the Least Developed Countries (LDCs). The result is potentially very debilitating to development efforts in the 14 Asia-Pacific LDCs.This “tyranny of averages” to which the report refers tends to mask the stark contrast between the Asia-Pacific LDCs’ sluggish economies and the success of their far more populous neighbours.".
- Tyranny_of_averages wikiPageExternalLink 2377539.
- Tyranny_of_averages wikiPageID "12553090".
- Tyranny_of_averages wikiPageLength "1550".
- Tyranny_of_averages wikiPageOutDegree "13".
- Tyranny_of_averages wikiPageRevisionID "630489329".
- Tyranny_of_averages wikiPageWikiLink Category:Ethics_and_statistics.
- Tyranny_of_averages wikiPageWikiLink Category:Laymen_and_statistics.
- Tyranny_of_averages wikiPageWikiLink Law_of_averages.
- Tyranny_of_averages wikiPageWikiLink Law_of_large_numbers.
- Tyranny_of_averages wikiPageWikiLink Mean.
- Tyranny_of_averages wikiPageWikiLink Median.
- Tyranny_of_averages wikiPageWikiLink Probability_distribution.
- Tyranny_of_averages wikiPageWikiLink Skewness.
- Tyranny_of_averages wikiPageWikiLink Standard_deviation.
- Tyranny_of_averages wikiPageWikiLink Statistics.
- Tyranny_of_averages wikiPageWikiLink Trimean.
- Tyranny_of_averages wikiPageWikiLink United_Nations.
- Tyranny_of_averages wikiPageWikiLink United_Nations_Development_Programme.
- Tyranny_of_averages wikiPageWikiLinkText "Tyranny of averages".
- Tyranny_of_averages wikiPageUsesTemplate Template:Reflist.
- Tyranny_of_averages wikiPageUsesTemplate Template:Statistics-stub.
- Tyranny_of_averages subject Category:Ethics_and_statistics.
- Tyranny_of_averages subject Category:Laymen_and_statistics.
- Tyranny_of_averages hypernym Phrase.
- Tyranny_of_averages type Person.
- Tyranny_of_averages comment "The tyranny of averages is a phrase used in applied statistics to describe the often overlooked fact that the mean does not provide any information about the shape of the probability distribution of a data set or skewness, and that decisions or analysis based on only the mean—as opposed to median and standard deviation—may be faulty.A UN Development Program press release discusses a real world example:A new report launched 1 July [2005] warns that in Asia and the Pacific, the rising prosperity and fast growth in populous countries like China and India is hiding widespread extreme poverty in the Least Developed Countries (LDCs). ".
- Tyranny_of_averages label "Tyranny of averages".
- Tyranny_of_averages sameAs Q7861443.
- Tyranny_of_averages sameAs m.02wczcr.
- Tyranny_of_averages sameAs Q7861443.
- Tyranny_of_averages wasDerivedFrom Tyranny_of_averages?oldid=630489329.
- Tyranny_of_averages isPrimaryTopicOf Tyranny_of_averages.