Median 6. The median is the data value in the middle of the set. Median 46 000 49 000 2 95 000 2 47 500 the median income of the group is 47 500.
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Median 46 000 49 000 2 95 000 2 47 500 the median income of the group is 47 500. Finding the median in a sequence that has an even amount of total numbers is a bit harder. If there are 2 data values in the middle the median is the mean of those 2 values.
The median is the data value in the middle of the set.
When you re looking for the median in a sequence that has an odd amount of total numbers the process is really easy. If there are 2 data values in the middle the median is the mean of those 2 values. The range is the difference between the lowest income raffy and the highest income john which is 46 000. Head to head comparison between mean vs median infographics below is the top 6 difference between mean vs median.
