Calculate the median of a set by putting the numbers in order from least to greatest and finding the middle number, when there is an odd number of values in the set. When there is an even number of values, find the media... More » Math Statistics

Median income is calculated by identifying the middle value in a set of incomes as long as the set of incomes is in ascending order, according to Concept Stew. With an even number, the median is calculated by averaging t... More » Business & Finance Financial Calculations

To calculate the average of a group of numbers, first add the numbers together and then divide by the amount of numbers that are in the group. The formula for average is: sum/(quantity of numbers.) More » Math Arithmetic
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The median is the middle number when a set of numbers is arranged in order from smallest to largest, and the mean is the average of a set of numbers. Both these measurements are useful in performing statistical analyses ... More » Math Statistics

To find the median of a set of numbers, line the numbers up in numerical order and find the number in the middle. The median of a set of data is simply the number in the numerical middle. More » Math Statistics

In mathematics, the median value is the middle number in a set of sorted numbers. For example, in the set of numbers 10, 11, 13, 15, 16, 23 and 26, the median is 15 because exactly half of the numbers lie above 15 and ha... More » Math Statistics

Mean, median and mode are different ways of determining the average from a set of numbers. Range gives the difference between the highest and lowest values. More » Math Statistics