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The median is the middle of average of the middle two values from the ordered set of observations. If the extreme values are genuine then they will have no effect on the median. If they are incorrectly measured or recorded data then they may affect the position of the middle of the ordered set of data. However, since there can only be a small number of outliers, their effect on the median will be small.
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Why calculate for the mean and median in relation to a sample?
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.
The measure of central tendency that is most affected by a few large or small numbers is?
The mean is the measure of central tendency that is most affected by a few large or small numbers. The median is more robust for extreme values.
Why is the median a more stable measure of central tendency than the mean?
in general,mean is more stable than median but in the case of extreme values it is better to consider median a stable measure than mean.
If you get more than one median what do you do?
There is only one median in a set of values. If it is an odd amount of values, the median is the middle number. If there is an even amount of numbers, the median is the value halfway between the two middle numbers. So, in 1, 2, 3; the median is 2. In 1, 2, 3, 4; the median is 2.5, as that is halfway between 2 and 3.
What is the importance of averages?
An average is a single value that is meant to typify a list of values, or more basically, to find a median by which to compare to.
