Comment by mattkrause
4 years ago
Rank-transforms are pretty common: they show up in a lot of non-parametric hypothesis tests, for example.
The neat thing about ranks is that, in aggregate, they're very robust. You can make an estimate of the mean arbitrarily bad by tweaking a single data point: just send it towards +/- infinity and the mean will follow. The median, on the other hand, is barely affected by that sort of shenanigans.
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