2 Appendix
2.1 Statistical criteria for location of measures
Least Squares (LS) criterion: Let X1,X2,…,Xn be a sample and define SS(c)=n∑i=1(Xi−c)2. The value of c which minimizes SS(c) is the mean, that is, c=¯X.
Proof: ∑ni=1(Xi−c)2=∑ni=1(X2i−2cXi+c2)=∑ni=1X2i−2c∑ni=1Xi+nc2, which has a minimum at c=2∑ni=1Xi/2n=¯X.
Least Absolute Distance (LAD) criterion: Let X1,X2,…,Xn be a sample and define LAD(d)=n∑i=1|Xi−d|. The value of d which minimizes LAD(D) is the median, that is, d=˜X.