"saisat" <[EMAIL PROTECTED]> wrote in message
[EMAIL PROTECTED]">news:[EMAIL PROTECTED]...
> Hello all,
>
>
> I have a large quantity of data for which i have the mean and Standard
> deviation. But in this data, quite of few of the values are really
> inaccurate. How can I get the "accurate" mean of the above sample
> data.
>
> For example if I have 100, 100, 100, 500 as the sample data
> the mean is 200. But in my case 500 is obviously an erroneous value
> for the data. The actual mean should be close to 100. How can I get
> this value bearing in mind that my sample in quite large (in millions)
> and i need to somehow "remove" these inaccuracies
>
> Thanks
> Sat

But how do you know that a value of 500 is incorrect, and how do you know
that the mean should be close to 100?  How precisely do you need to estimate
the mean?

Duncan


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