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Look up: Top-coded

  1. top-coded
    For data recorded in groups, e.g. 0-20, 21-50, 50-100, 101-and-up, we do not know the average or distribution of the top category, just its lower bound and quantity. That data is 'top-coded.' We may adjust for it by scaling up the top-code and calling that the average. Contexts: data
    Found on http://www.econterms.com/glossary.cgi?qu

  2. Top-coded
    In econometrics and statistics, a `top coded` dataset is one for which the upper bound is not known. This is often done to preserve the anonymity of people participating in the survey (for example, if a survey included a person with wealth of $51 billion, it would not be anonymous because people would know it is Bill Gates).
    Found on http://en.wikipedia.org/wiki/Top-coded


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25 November 2009

This day in history:
The Royal Suspension Chain Pier was opened on 25 November 1823 with a procession and firework display, but, to the disappointment of the town, without royalty being present. It proved an immediate success with both cross-channel travellers and also with promenaders who were charged an admission of two pence or one guinea annually. The pier also attracted many artists with its graceful outline, including Constable and Turner. read more

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