Adjusted Mean
Categories: Metrics, Financial Theory
Adjusted nice is Betty White. Kindly old lady who can articulate in enough graphic, granular detail to make frat boys blush every position in the kamasutra. Nice. But adjusted.
Adjusted mean is a mathy term that takes a statistical measure and then adjusts it to better reflect whatever set of data is being measured, metered, or otherwise presented in the context of something applied to real life.
The key thing adjusted? Outliers. Like when you're trying to adjust for swimming performance, you would want to throw out any data produced by Michael Phelps or Caleb Dressel.
