Definition of "Median"

Sonny Luckhai real estate agent
Sonny Luckhai, Real Estate Agent JPAR Metro Atlanta

Statistical term indicating the central value of a frequency distribution, such that smaller and greater values than this central value occur at an equal rate. For example, given the numbers 1,7,10,12,14, 17, 19, 20, and 22, the median is 14.

 

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