The median is a measure of central tendency. It divides a distribution into two equal halves and can be thought of as the “middle” value of a data set.
Calculation:
- Step 1: Arrange your data in an ascending order
- Step 2:
- For an odd number of observations: Take the middle value
- For an even number of observations: Calculate the average of the middle two numbers
Read also: Mean, mode
Learn more about this topic in our Basic Statistics Online Training.
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