This is a program written for running an Industrial Chiller as an Internship project.
Industrial chillers are used for controlled cooling of products, mechanisms and factory machinery in a wide range of industries.
- Plastic industries,
- Injection and blow molding,
- Metal working cutting oils,
- Welding equipment,
- Die-casting and machine tooling,
- chemical processing, etc.
- Winsorized Mean - Sophisitcated Averaging
A Winsorized mean is a Winsorized statistical measure of central tendency, much like the mean and median, and even more similar to the truncated mean. It involves the calculation of the mean after winsorizing – replacing given parts of a probability distribution or sample at the high and low end with the most extreme remaining values.
This method a useful estimator because it is less sensitive to outliers than the mean but will still give a reasonable estimate of central tendency or mean for almost all statistical models. In this regard it is referred to as a robust estimator.