Palmer's Rule

Palmer's Rule is a method used in statistics for estimating the likely location of a median value within a data set. It suggests that for data that follow a roughly symmetric distribution, about half of the data points will be below a certain value, often close to the median. The rule helps in making quick, approximate predictions about where most data points are centered, especially when detailed calculations aren’t possible. Essentially, it provides a guideline for estimating the median’s position based on the overall spread and symmetry of the data, aiding in simplified data analysis and understanding.