p50containing
P50containing is a term used in statistics and data analysis to describe a property of an interval, estimator, or decision rule that is designed to include the population p50, commonly understood as the median, of a random variable. The p50 value is the point at which half of the distribution lies at or below it.
Definition and interpretation. For a random variable X with median m, a method or interval is said
Construction and methods. p50containing intervals are often produced through resampling techniques, robust estimation, or tailored interval
Applications and relation to other concepts. The concept is relevant in robust statistics, nonparametric inference, and
See also. Median, confidence interval, bootstrap, nonparametric inference, robust statistics.