THE MEDIAN
The median is defined as an average which is the middle value when figures are arranged in order of magnitude.
In an even distribution, he median is the average of the two middle numbers. The median is therefore the value of the middle item.
Example
Find the median of the following sets of values 2, 8 , 11, 13, 15, 6 , 9, 20, 7
Formula, median = N + ½
When n is the number of items (observation). This formula is applicable when n is odd
Solution:
2, 6, 8., 9, 11, 13, 15, 20
Median = 9 or 9+1/2 = 10/2
= 5 (the 5th member in ascending magnitude is 9)
= 9
ADVANTAGE OF MEDIAN
DISADVANTAGES OF MEDIAN
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