This section contains statistical details for specific statistics in the Summary Statistics report.
The mean is the sum of the nonmissing values divided by the number of nonmissing values. If you assigned a Weight or Freq variable, the mean is computed by JMP as follows:
1. Each column value is multiplied by its corresponding weight or frequency.
2. These values are added and divided by the sum of the weights or frequencies.
The standard deviation measures the spread of a distribution around the mean. It is often denoted as s and is the square root of the sample variance, denoted s2.
where
= weighted mean
The standard error mean is computed by dividing the sample standard deviation, s, by the square root of N. In the launch window, if you specified a column for Weight or Freq, then the denominator is the square root of the sum of the weights or frequencies.
Skewness is based on the third moment about the mean and is computed as follows:
where
and wi is a weight term (= 1 for equally weighted items).
Kurtosis is based on the fourth moment about the mean and is computed as follows:
where wi is a weight term (= 1 for equally weighted items). Using this formula, the Normal distribution has a kurtosis of 0. This formula is often referred to as the excess kurtosis.