📊 Median Calculator
Result will appear here…
📌 Understanding Median Calculation
The median is a measure of central tendency that represents the middle value in a sorted dataset. The calculation depends on whether there is an odd or even number of values:
- Odd number of values: The median is the middle value.
- Even number of values: The median is the average of the two middle values.
📌 Example Calculations
| Numbers | Median |
|---|---|
| 10, 20, 30 | 20 |
| 5, 15, 25, 35 | 20 |
| 2, 4, 6, 8, 10 | 6 |
🔧 Practical Applications of Median Calculation
1. Statistics & Data Analysis: Used to determine the center of a dataset without being affected by outliers.
2. Finance & Economics: Helps in calculating median income or property prices to avoid skewed data.
3. Education & Research: Used in grading systems to identify the central score.
❓ FAQs
Q1: How do I calculate the median?
✅ Sort the numbers in ascending order and find the middle value (or average of the middle two values if even).
Q2: Can the median be a decimal?
✅ Yes, if the dataset has an even number of values, the median can be a decimal.
Q3: Where is median calculation commonly used?
✅ It is widely used in **statistics, finance, and social sciences**.
Q4: What happens if all numbers are the same?
✅ The median will be the same as each individual number.
Q5: Why is median calculation important?
✅ It is essential for **avoiding the influence of extreme values and analyzing data distribution**.