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Topic: EDIT : WTF! 140 on CampBX (Read 833 times)

sr. member
Activity: 448
Merit: 251
Bitcoin
April 03, 2013, 05:29:19 PM
#3
Averages often suck because they imply a normal distribution (I think the technical terminology is that the mean is only sufficient statistic if the data is normal). I think the simplest solution would be show Highest/Lowest as well:  VWAP (Low,High)= 120 (110,140)

It's a weighted average..  I factor in volume.

hero member
Activity: 728
Merit: 500
April 02, 2013, 08:10:47 PM
#2
Averages often suck because they imply a normal distribution (I think the technical terminology is that the mean is only sufficient statistic if the data is normal). I think the simplest solution would be show Highest/Lowest as well:  VWAP (Low,High)= 120 (110,140)
sr. member
Activity: 448
Merit: 251
Bitcoin
April 02, 2013, 08:00:05 PM
#1
{"Last Trade":"140.55","Best Bid":"112.85","Best Ask":"140.55"}

140 on CampBX ...  wtf?  

Way to screw up weighted averages there campbx


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