Tag Archives: Median

Median

As one may know from either middle school or high school, the median is the value in the middle of a sample. That is, there is an equal number of values less than and more than the median. However, if the amount in the sample is an even number, the median is the average of the two […]

Median

The median is one of two measures of center of one quantitative variable in summary statistics.When numbers in a data set are ordered sequentially, the median is the middle value in the total list of numbers. For the rest of the values in the data set, this means half of the numbers lie above the […]

Median

The Median is the middle of a ordered distribution of a sample, range, population, or simply list of numbers or values. When this distribution has an odd number of terms, the median is the middle most value. If the number set is even then the median is the mean of the two middle values.  In contrast to the mean, […]