Median

In statistics and probability theory, the median is the value separating the higher half from the lower half of a data sample, a population, or a probability distribution. For a data set, it may be thought of as "the middle" value. The basic feature of the median in describing data compared to the mean (often simply described as the "average") is that it is not skewed by a small proportion of extremely large or small values, and therefore provides a better representation of a "typical" value. Median income, for example, may be a better way to suggest what a "typical" income is, because income distribution can be very skewed. The median is of central importance in robust statistics, as it is the most resistant statistic, having a breakdown point of 50%: so long as no more than half the data are contaminated, the median is not an arbitrarily large or small result.

View More On Wikipedia.org
  • 63

    Greg Bernhardt

    A PF Singularity From USA
    • Messages
      19,443
    • Media
      227
    • Reaction score
      10,021
    • Points
      1,237
  • 1

    Banaticus

    A PF Molecule From Southern California
    • Messages
      32
    • Reaction score
      0
    • Points
      56
  • 1

    reddvoid

    A PF Molecule From Elephant Island
    • Messages
      119
    • Reaction score
      1
    • Points
      93
  • 1

    Mathman2013

    A PF Atom
    • Messages
      23
    • Reaction score
      1
    • Points
      33
  • 1

    marcophys

    A PF Molecule From France
    • Messages
      152
    • Reaction score
      20
    • Points
      66
  • 1

    chwala

    A PF Organism 45 From Nairobi, Kenya.
    • Messages
      2,650
    • Reaction score
      351
    • Points
      167
  • Back
    Top