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About: Weighted median     Goto   Sponge   NotDistinct   Permalink

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In statistics, a weighted median of a sample is the 50% weighted percentile. It was first proposed by F. Y. Edgeworth in 1888. Like the median, it is useful as an estimator of central tendency, robust against outliers. It allows for non-uniform statistical weights related to, e.g., varying precision measurements in the sample.