henlo frens
in my data there are no median and mode, since my data is from a continuous space. So I can only take a sample say 100 historical periods to work with. Is it correct to infer the mode by :
Fake Mode = Mean - StandardDeviation * Skewness
minus because negative skewness means the mode is larger than the mean. Also is it correct to assume the median is just the average of mean and mode?
in my data there are no median and mode, since my data is from a continuous space. So I can only take a sample say 100 historical periods to work with. Is it correct to infer the mode by :
Fake Mode = Mean - StandardDeviation * Skewness
minus because negative skewness means the mode is larger than the mean. Also is it correct to assume the median is just the average of mean and mode?
