Median

A measure of central tendency that can be thought of as the ‘middle’ observation of sorted observations.

To calculate -

  1. Sort list of observations.
  2. Eliminate the highest and lowest observation value.
  3. Repeat until 2 or fewer numbers remain.
  4. If 2 observations remain, the median is calculated as the average of the 2 observations.

Last Updated: April 07, 2019