Teaching the Median with Terms of Absolute Value, Differentiability, and Optimization
Mehmet Hakan Satman
Alphanumeric Journal, 2022, vol. 10, issue 1, 41-50
Abstract:
The verbal definition of the sample median sounds a bit strange in the early Statistics courses in the context of being non-mathematical or non-functional. It is also interesting that estimators based on an analytical calculation such as the sample mean are equally strange, but not seen as strange by the students as the median estimator. In this study, we have expanded the studies on teaching the sample median with its optimization definitions. We have also shown that such definitions provide a natural way of understanding the sample median in multivariate case and regression analysis. Seeing that statistical estimators, from the simplest to the most complex, are obtained as a solution to an optimization problem can pave the way for other types of insights.
Keywords: Absolute Value; Median; Optimization; Statistics; Teaching (search for similar items in EconPapers)
JEL-codes: C01 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:anm:alpnmr:v:10:y:2022:i:1:p:41-50
DOI: 10.17093/alphanumeric.1041138
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