Pawel Flajszer Slip-boxNotebooksWorkAbout
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Trimmed mean is the dial between a mean and the median

  • A trimmed mean of 0% trim is just the mean
  • A trimmed mean of around 50% brings it very close to the median.

You can think of trimmed mean as a dial between mean and the median, mean being a non-robust measure, but is influenced by all the available data and median being a very robust measure, but is influenced only by a single central value.