Editing Truncated mean (section)

==Terminology==
In some regions of [[Central Europe]] it is also known as a '''Windsor mean''',{{citation needed|date=October 2016}} but this name should not be confused with the [[Winsorized mean]]: in the latter, the observations that the trimmed mean would discard are instead replaced by the largest/smallest of the remaining values.

Discarding only the maximum and minimum is known as the '''{{visible anchor|modified mean}}''', particularly in management statistics.<ref>Arulmozhi, G.; Statistics For Management, 2nd Edition, Tata McGraw-Hill Education, 2009, p. [https://books.google.com/books?id=2qcyNld-bHwC&pg=PA458&lpg=PA458&dq=Modified+mean 458]</ref> This is also known as the '''{{visible anchor|Olympic average}}''' (for example in US agriculture, like the [[Average Crop Revenue Election]]), due to its use in Olympic events, such as the [[ISU Judging System]] in [[figure skating]], to make the score robust to a single outlier judge.<ref>{{cite web |url=http://farmdocdaily.illinois.edu/2012/08/lessons_from_libor.html |title=Lessons from LIBOR |author=Paul E. Peterson |date=August 3, 2012 |quote=Once the quotes are compiled, LIBOR uses a trimmed mean process, in which the highest and lowest values are thrown out and the remaining values are averaged. This is sometimes called an "Olympic average" from its use in the Olympics to eliminate the impact of a biased judge on an athlete's final score.}}</ref>