Use Of Median. In most populations incomes will be highly right skewed. The mesocolon retains its primitive attachment to the median line ventrad of the large prevertebral blood vessels.
The classic example is income. For a lot of analysis the mean is very useful. The approximately 50 largest and 50 lowest data in the collective.
While simple to explain the median is harder to compute than the mean.
Put simply it is the value at the center of the sorted observations. Write a brief description of mean median mode and standard deviation. Sometimes the median is used as an alternative to the mean. When the total number of supplied numbers is even the median is calculated as the average of the two numbers in the middle.
