The flashcards below were created by user
athorne
on FreezingBlue Flashcards.

Median
 the middle in an batch of data that has been ordered smallest to largest
 does not change because of extreme observations

Mean
 the arithmetic average
 best estimate of b_{0} for a sum of squares
 subject to change when there are extreme observations

b_{0}
 estimate of β_{0} based on the data at hand
 equivalent to Ý

