Mode type quasi-range and its applications

Abstract

Building from the consideration of closeness, we propose the mode quasi-range as an alternative scale parameter. Application of this scale parameter to formulate the population standard deviation is investigated leading to an efficient sample estimator of standard deviation from the point of asymptotic variance. Monte Carlo studies, in terms of finite sample efficiency and robustness of breakdown point, have been performed for the sample mode quasi-range. This study reveals that this closeness consideration-based mode, quasi-range, is satisfactory because these statistical procedures based on it are efficient and are less misleading for drawing conclusion from the sample results.