median

Definition
One type of average, found by arranging the values in order and then selecting the one in the middle. If the total number of values in the sample is even, then the median is the mean of the two middle numbers. The median is a useful number in cases where the distribution has very large extreme values which would otherwise skew the data.




median is ...
... part of the
Technical Analysis subject.


Related Terms

mean -
arithmetic mean -
moving average -  More
per capita, affordability index, median market cap, Bankruptcy Abuse Prevention and Consumer Protection Act of 2005


median appears in the definitions of these other terms on BusinessDictionary.com

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