Averages

 Average The word “average” is used in everyday life to describe where the middle number of a data set is. It’s the typical number you would expect to find in a series of numbers. In statistics, the average is called the “arithmetic mean,” usually just shortened to the mean. Both the average and … Read more

Average

 Average   What is Average? The result obtained by adding several quantities together and then dividing this total by the number of quantities is called Average. The main term of average is equal distribution of a value among all which may distribute persons or things. We obtain the average of a number using formula that … Read more

Median

 Median Median is the middle number in a sorted list of numbers. To determine the median value in a sequence of numbers, the numbers must first be arranged in value order from lowest to highest. If there is an odd amount of numbers, the median value is the number that is in the … Read more