Whats Median. Value in the list of numbers. This middle value is also known as the central tendency.
4 is the median. In the case of real estate that means that the median is the price where half the homes sold in any given area that month were cheaper and half were more expensive than the median. For example if you have the following data.
Oct 17 2019 The median on the other hand is another type of average that represents the middle number in an ordered sequence of numbers.
Half the individuals on that. The median is sometimes used as opposed to the. Median definition the middle number in a given sequence of numbers taken as the average of the two middle numbers when the sequence has an even number of numbers. The median is a measure of central tendency.
