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Features of Median

The document defines and provides information about the median. It states that the median is the middle value in a sorted list of numbers and can be used to split a data set into two equal parts. It provides an equation for calculating the median and examples of finding the median of data sets. It discusses the advantages and disadvantages of using the median, such as how it is not affected by outliers but requires sorting the data.

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Bhuv Sharma
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79 views4 pages

Features of Median

The document defines and provides information about the median. It states that the median is the middle value in a sorted list of numbers and can be used to split a data set into two equal parts. It provides an equation for calculating the median and examples of finding the median of data sets. It discusses the advantages and disadvantages of using the median, such as how it is not affected by outliers but requires sorting the data.

Uploaded by

Bhuv Sharma
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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MEDIAN

Value or quantity that falls halfway between a set of valuesarranged in an ascending or


descending order. When the set contains an odd number of values, the median value is exactly in
middle. If the number of values is even, then median is computed by averaging the two numbers
closest to the middle.

Median is calculated using following equation:

Median = l/2 + h/f [N/2 – C]

Here, l =The lower limit of the median class

h = size of the class, f = Frequency corresponding to the median class

N = Summation of frequencies

C =The cumulative frequency corresponding to the class just before the median class

Examples

To Find the median of 11, 4, 9, 7, 10, 5, 6

Ordering the data gives 4, 5, 6, 7 , 9, 10, 11 and the middle value is 7. b) 1, 3, 0.5, 0.6, 2, 2.5,
3.1, 2.9 Ordering the data gives 0.5, 0.6, 1, 2, 2.5 2.9, 3, 3.1 Here there is a middle pair 2 and 2.5.
The median is between these 2 values i.e. the mean of them 2+2.5 2 = 2.25

FEATURES OF MEDIAN

1.It is easy to compute and understand.

2. It is well defined an ideal average should be.

3.It can also be computed in case of frequency distribution with open ended classes.

4.It is not affected by extreme values and also interdependent of range or dispersion of the data. 

5.It can be determined graphically.

6.It is proper average for qualitative data where items are not measured but are scored.
7.It is only suitable average when the data are qualitative & it is possible to rank various items
 CALCULATION OF MEDIAN

According to qualitative characteristics.

1. It can be calculated easily by watching the data.


2. In some cases median gives better result than mean.

For computing median data needs to be arranged in ascending or descending order.

It is not based on all the observations of the data.

It can not be given further algebraic treatment.

It is affected by fluctuation of sampling.

It is not accurate when the data is not large.

In some cases median is determined approximately as the mid-point of two observations


whereas for mean this does not happen

ADVANTAGES OF MEDIAN

Median is the middle value of the distribution i.e. median of a distribution is the value of the
variable which divides it into two equal parts. It is the value of the variable such that the number
of observations above it is equal to the number of observations below it.

1)It is easy to compute and understand.

2) It is well defined an ideal average should be.

3) It can also be computed in case of frequency distribution with open ended classes.

4) It is not affected by extreme values and also interdependent of range or dispersion of the data. 

5) It can be determined graphically.

6) It is proper average for qualitative data where items are not measured but are scored.

7) It is only suitable average when the data are qualitative & it is possible to rank various items
according to qualitative characteristics.
DISADVANTAGES OF MEDIAN

1) For computing median data needs to be arranged in ascending or descending order.

2) It is not based on all the observations of the data.

3) It can not be given further algebraic treatment.

4) It is affected by fluctuation of sampling.

5) It is not accurate when the data is not large.

6) In some cases median is determined approximately as the mid-point of two observations


whereas for mean this does not happen.

Application of formula

jio airtel years


11 25 1
15 32 2
45 40 3
45 15 4
13 45 5
17 58 6
15 65 7
31 80 8

Number of towers of jio and airtel in delhi


 RESULT

INTERPRETATION OF RESULT

 The larger the coefficient of variation, the greater the spread in the data.
 Median of above numerical is 31.5
 The median is the midpoint of the data set. This midpoint value is the point at which half
the observations are above the value and half the observations are below the value.

The median and the mean both measure central tendency. But unusual values, called outliers,
affect the median less than they affect the mean. When you have unusual values, you can
compare the mean and the median to decide which is the better measure to use. If your data are
symmetric, the mean and median are similar

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