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A set of statistical metrics, characterizing the average deviation of the numerical values in the given dataset x = \{ x_1, \, x_2, \, x_3 , ... x_N \} from its Mean Value  \mu(x) :

\bar \mu_n = \frac{\mu_n}{\sigma^n}, \ \ n \geq 3

where 

\mu_n

n-order of central momentum

\sigma


The concept makes sense only for the central momentums of higher oder than  n \geq 3, since lower order central momentums   \bar \mu_0 \equiv 1/\sigma, \bar \mu_1 \equiv 0, \bar \mu_2 \equiv 1 are trivial and do not carry additional information on dataset distribution.

The most popular application is the 3-rd order standardized central momentum \mu_3 = \bar \mu_3 \cdot \sigma^3, which is called skewness and characterizes asymmetry of the dataset distribution.


See also


Formal science / Mathematics / Statistics / Statistical Metric / Central momentum

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