The median is a measure of central tendency that represents the middle value in a set of data when arranged in order. It's useful for understanding the "typical" value in a dataset, especially when dealing with skewed distributions.
Steps to find the Median:
Order the Data: Arrange your data points in ascending order (from smallest to largest).
Find the Middle Value:
Example 1: Odd Number of Data Points
Let's say we have the following data set: 2, 5, 8, 10, 12
Example 2: Even Number of Data Points
Let's say we have the following data set: 3, 6, 9, 11, 14, 17
Key Points:
Practice:
4, 8, 2, 10, 12, 6, 14
Explain why the median is a better measure of central tendency than the mean for a data set with a large outlier.
Challenge:
Research and understand the difference between the median and the mean. When would you use each measure?