AQR Section 17: Mean but Sensitive

The mean is a measure of center and [color=#0a971e]balance point[/color] for a distribution. Below is a distribution of 11 data points. Move the [color=#1551b5]blue point[/color] to see how the mean responds to changing this single value within the distribution.[br][br]Use the [b]New Data Set[/b] button, to try this action for several distributions.
Is the mean a [b]resistant measure[/b] of center for a distribution?[br]Is the mean sensitive to a substantial change in the movable [color=#1551b5]blue value[/color]?

Guess the Correlation!

Guess the correlation of the random scatter plot!

Bag of Marbles

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Normal Curve Demonstration

Drag the sliders to see how changing the mean and standard deviation changes the normal curve.

Playing Card Dealer

Click to get a random hand of cards from a shuffled deck of 52 standard playing cards.

Chaos Game

Creates an image based on the Chaos Game [url=http://en.wikipedia.org/wiki/Chaos_game]wikipedia[/url] [url=http://mathworld.wolfram.com/ChaosGame.html]Wolfram[/url][br]It takes a random point in the polygon and then translates it by a fixed fraction of the distance to one of the vertices chosen at random. This iteration is repeated.[br]Sides gives the number of sides in the polygon[br]Points is the number of points per iteration[br]Fraction sets the fraction[br]Speed adjusts the animation speed[br]The default settings produce the Sierpinski Triangle
Chaos Game

Proportion Confidence Interval

This applet lets you practice working through examples of finding confidence intervals for proportions.[br]You can set the sample proportion, the sample size, and the confidence level.[br]You then should find the critical value, the standard deviation, and the confidence interval.

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