Rick Wicklin, PhD, is a distinguished researcher in computational statistics at SAS and is a principal developer of SAS/IML software. His areas of expertise include computational statistics, simulation, statistical graphics, and modern methods in statistical data analysis. Rick is author of the books Statistical Programming with SAS/IML Software and Simulating Data with SAS.
Recently I blogged about how to compute a weighted mean and showed that you can use a weighted mean to compute the center of mass for a system of N point masses in the plane. That led me to think about a related problem: computing the center of mass (called
I began 2016 by compiling a list of popular articles from my blog in 2015. This "People's Choice" list contains many interesting articles, but some of my personal favorites did not make the list. Today I present the "Editor's Choice" list of articles that deserve a second look. I've grouped
Weighted averages are all around us. Teachers use weighted averages to assign a test more weight than a quiz. Schools use weighted averages to compute grade-point averages. Financial companies compute the return on a portfolio as a weighted average of the component assets. Financial charts show (linearly) weighted moving averages
