
Min And Max Uniform Extreme Interval Values And Statistics
Author(s) -
Marsha Jance,
Nick T. Thomopoulos
Publication year - 2011
Publication title -
journal of business and economics research
Language(s) - English
Resource type - Journals
eISSN - 2157-8893
pISSN - 1542-4448
DOI - 10.19030/jber.v7i1.2248
Subject(s) - mathematics
The min and max uniform extreme interval values and statistics; ie expected value, standard deviation, mode, median, and coefficient of variation, are discussed. An extreme interval valueis defined as a numerical bound where a specified percentage α of the data is less than. A numerical example and an analysis of the min and max extreme interval values and statistics are provided. In addition, a procedure for finding the min and max extreme interval values for different uniform parameter values, and an application of this research are presented.