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Median
The median is a middle value in a set of data when arranged in order from smallest to largest. It is the value that falls in the middle when you have a set of n...
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The median is a middle value in a set of data when arranged in order from smallest to largest. It is the value that falls in the middle when you have a set of n...
The median is a middle value in a set of data when arranged in order from smallest to largest. It is the value that falls in the middle when you have a set of numbers arranged in order.
If there is an odd number of values in the set, the median is the average of the two middle values. If there is an even number of values, the median is the average of the two middle values.
For example, consider the following set of data: 10, 15, 20, 25, 30. The median of this set is 20, as it is the middle value when the numbers are arranged in order.
The median is a useful measure of central tendency because it is not sensitive to outliers. This means that the median is not affected by extreme values in the data set