A statistic that is also used to indicate the center of a data set but that is not affected by extreme values is the sample median, defined as the middle value when the data are ranked in order from smallest to largest.
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Statistics Definitions > The sample median is the "middle" of a set of ordered sample data. For example, let's say you had a sample of 5 data points:
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The median of a set of numbers is the value separating the higher half from the lower half of a data sample, a population, or a probability distribution.
sample median
The sample median is the sample estimate of the population median. ... A confidence interval for both the median and interpolated median for the example data ...
Mar 4, 2024 · The median is the number that lies in the middle of an ordered dataset that goes from lowest to highest. It should not be confused with the mean ...
Feb 27, 2017 · Median = Average (mid-point) of “2 middle data elements” at positions (N/2) and (N/2)+1. Median position M = 0.5 * [ Data element at position (N ...
Nov 28, 2020 · A median is the centre value of a given list of observations when arranged in an order. For example, a list of observations is 33, 55, 77, 22, ...
The sample median is one commonly used measure of central tendency, that is used to summarize the data into one "average" value, that provides a measure of ...