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Trimmed Mean - Compromise between the mean and median. Trimmed mean is defined as the mean calculated by trimming 5% data sets from the top and bottom of data sets. This helps to alleviate the distortion caused by extreme values from which the ordinary arithmetic mean suffers.
[Category=Data Quality ]
Source: iSixSigma, 28 February 2011 10:59:06, https:web.archive.org/web/20111109014246/http:www.isixsigma.com/index.php?option=com_glossary
Data Quality Glossary. A free resource from GRC Data Intelligence. For comments, questions or feedback: dqglossary@grcdi.nl