Question

What is the median of a series of numerical values?

Answer 1

Hint: The value that falls in the middle of a group of values when they are stated in numerical order is known as the median. The median is the average of the two middle values when the number of values in the set is even.

Complete step by step solution:
The mid-value that occurs in the middle of a group of numbers when they are presented in numerical order is the median. In such a pair of even numbers of data, the midway can be the average of the two middle numbers.
The figure in a series of statistics that have been classified as going up or down is called the median, and it might reveal more about the information source than the average.
Sort the data in value order from lowest to highest or highest to lowest to determine the interquartile range. Although it could be used to estimate both an average and a mean, the median should not be confused with the actual mean.


Additional Information:
A collection of ordered values for a function, whose domain is the set of all natural numbers in ascending order of the numbers, is referred to as a numerical sequence. The terms are the constituent parts of a sequence. The general term or variable of a series is the n-th term in the sequence.

Note:Data are summarised using a range of numerical metrics. The median is the middle value when there are an odd number of data values, and the median is the average of the two middle values when there are an even number of data values.