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    Mean vs. Median

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    There are good examples of how mean and median is calculated. Both provide us an idea of the data point that is around the center of the dataset. Now the issue is why do we have two different ways of describing the center?

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    Both the mean and the median are measures of central tendency. The mean is the "average" value - it is calculated by adding up the data, then dividing by the number of data points. The median is the "middle" value - it is found by finding the middle number when ...

    Solution Summary

    The expert provides good examples for a mean and median calculations. The issues with each was for describing the center are determined.