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How do you calculate mean and Median smaller then Standard deviation?
In the same way that you calculate mean and median that are greater than the standard deviation!
Is the mean and median similar?
The Mean is the average of a given set of values. The Median is the value that has the same number of smaller values than the number of higher values, it is in the middle of them. In a symmetrical distribution the Mean is equal to the Median. In an asymmetrical distribution they have different value.
When the lower 50 percent of data has greater range the mean will be what to the median?
Whatever you like. The median value for each of the following three sets is 10. For the set {1, 9, 11, 12}. the mean is 8.25, smaller than the median. For the set {1, 9, 15, 15}. the mean is 10, the same as the median. For the set {1, 9, 15, 16}. the mean is 10.25, larger than the median.
How does the outlier affect the mean and median?
The mean is better than the median when there are outliers.
Can the median ever be higher than the mean?
Yes, the median can be greater than the mean. It just depends on the values of the data. A simple series of 1,5,6 has 5 as the median, with a mean of 4.
