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falseprofit | 1 year ago
I think order statistics are more useful than what you described, because “min” and “max” are themselves quantiles and more conceptually similar to “median” than to “mean”.
Trying to imagine how to bridge from min/max to mean, I guess you could take weighted averages with weights determined by order, but I can’t think of a canonical way to do that.
adgjlsfhk1|1 year ago