The median is the middle number of any given set when they are in order, least to greatest. If there is an even number of values, the median is the average of the middle two.
Ex. (10, 17, 20, 45, 68)
The median is 20.
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You cannot because the standard deviation is not related to the median.
Both the mean and median represent the center of a distribution. Calculating the mean is easier, but may be more affected by outliers or extreme values. The median is more robust.
Median is the middle number. In case there are two middle numbers, you can either calculate the average for the result or mark both numbers.20 30 40 50 median is 35 or {30;40}
You calculate the income for each household. This is the sum of the incomes of all members of the household. The median is the value of household income such that 50% of households have a higher income and 50% have a lower income.
Put them is ascending order. Count them = n. If n is odd, calculate (n+1)/2 the median is the value of the [(n+1)/2]th number in the ordered list. If n is even, the median is the average of the [n/2]th and [n/2 + 1]th numbers.