> >
> >Interesting. But excuse me for asking: Is this not kind of a
> self-fulfilling truth, somehow given in by practical calculation
> contstraints? Oh! acceptable under field conditions of course, but
> theoretically, you would have a hard time validating this no?
> >
> >You anonymous pain in the ... :-)
>
> Well, I am a bureaucrat, is that not my position to be a pain in the...?
> :~)
Eehr, Bruce, I am sorry. This is not what I meant, and certainly not to
insult you. I thought I had written : Your anonymous ...., as a wink
at your own signature. So if anybody is a pain ..., it's me. Sorry for
the mix up. That'll teach me to try to be funny! :-)
>
> You don't have to know your distribution before selecting a sample, you
> just have to have clear guidelines as to what to sample. You test for
> sampling distribution after sampling if you don't have prior knowledge.
>
> The median is not the greatest measure statistically, you would always
> prefer the mean, but if distribution is non-normal, the median is a better
> simple measure. Non-parametric methods may be better, but they aren't so
> great for the statistical novice...as it happens, housing prices are
> generally non-normal and median is the generally accepted measure...
I agree, but I guess the usefulness of the median must decrease these
days, because calculation constraints are less relevant. If you are
going to build some software I my idea would be to use the mean, or any
other standard statistical entity, be it only because it is easier to
validate theoretically.
Regards, ... and apologies,
Marc
If things have the tendency to go your way, do not worry. It won't last. Jules Renard.