Review:
Median (statistics)
overall review score: 4.5
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score is between 0 and 5
In statistics, the median is the middle value of a dataset when it is ordered from smallest to largest. It is a measure of central tendency that is less affected by extreme values compared to the mean.
Key Features
- Provides a measure of central tendency
- Less influenced by outliers compared to the mean
- Useful for skewed distributions
Pros
- Robust measure of central tendency
- Good for non-normally distributed data
- Easy to understand and calculate
Cons
- May not accurately represent the data if distribution is heavily skewed
- Not as intuitive as the mean for some people