Difference between Mean and Median.
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Step-by-step explanation:
Mean vs Median
The mean (informally, the “average“) is found by adding all of the numbers together and dividing by the number of items in the set: 10 + 10 + 20 + 40 + 70 / 5 = 30. The median is found by ordering the set from lowest to highest and finding the exact middle. The median is just the middle number: 20.
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Mean
- The average arithmetic of a given set of numbers is called Mean.
- The application for the mean is for normal distributions
- There are a lot of external factors that limit the use of Mean.
- Median
- The method of separating the higher sample with the lower value, usually from a probability distribution is termed as the median
- The primary application for the median is skewed distributions.
- It is much more robust and reliable for measuring the data for uneven data.
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