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  1. Median: The middle number; found by ordering all data points and picking out the one in the middle (or if there are two middle numbers, taking the mean of those two numbers). Example: The median of 4 , 1 , and 7 is 4 because when the numbers are put in order ( 1 , 4 , 7) , the number 4 is in the middle.

  2. Learn how to calculate Mean, Median, Mode, and Range with eight (8) examples, aiming to find a single value (a measure of central tendency) that effectively represents the entire set.

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  4. May 12, 2024 · We often describe data using a measure of central tendency. This is a number that we use to describe the typical data value. In this module, we will look at three measures of central tendency: the mean, the median, and the mode. Each of these has pros and cons, depending on the particular data set.

    • Median Formula For Ungrouped Data
    • Median Formula For grouped Data
    • Application of Median Formula
    • Median of Two Numbers

    The following steps are helpful while applying the median formula for ungrouped data. 1. Step 1: Arrange the data in ascending or descendingorder. 2. Step 2: Secondly, count the total number of observations 'n'. 3. Step 3: Check if the number of observations 'n' is even or odd.

    When the data is continuous and in the form of a frequency distribution, the median is calculated through the following sequence of steps. 1. Step 1: Find the total number of observations(n). 2. Step 2: Define the class size(h), and divide the data into different classes. 3. Step 3: Calculate the cumulative frequency of each class. 4. Step 4: Ident...

    Let us use the above steps in the following practical illustration to understand the application of the median formula. Illustration: There are 5 top management employees in an organization. The salaries given to the employees are $5,000, $6,000, $4,000, $8,000, and $7,500. Using the median formula calculates the median salary. Solution:We will fol...

    In an ordered series, the median is the number that is mid-way between the range extremes. It is not usually identical to the mean. Let's understand how to find the median. For a set of two values, the median will be the same as the mean, or arithmetic average. For example, the numbers 2 and 10, both have a mean and a median of 6. Note that the med...

  5. Learning Objectives. After completing this section, you should be able to: Calculate the mode of a dataset. Calculate the median of a dataset. Calculate the mean of a dataset. Contrast measures of central tendency to identify the most representative average. Solve application problems involving mean, median, and mode.

  6. Video transcript. Find the mean, median, and mode of the following sets of numbers. And they give us the numbers right over here. So if someone just says the mean, they're really referring to what we typically, in everyday language, call the average.

    • 4 min
    • Sal Khan,Monterey Institute for Technology and Education
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