Login

Create Account
+14156709189
info@expertsmind.com
Submit Homework/Assignment
Get quote & make Payment
Get Solution
Disadvantages of median, Applied Statistics
Disadvantages
For calculating median it is necessary to arrange the data; other averages do not need any arrangement.
Since it is a positional average, its value is not determined by each and every observation.
It is not capable of algebraic treatment. For example, median cannot be used for determining the combined median of two or more groups as is possible in case of mean. Similarly, the median wage of a skewed distribution times the number of workers and will not give the total payroll. Because of this limitation the median is much less popular as compared to the arithmetic mean.
The value of median is affected more by sampling fluctuations than the value of arithmetic mean.
The median, in some cases, cannot be computed exactly as can the mean. When the number of items included in a series of data is even, the median is determined approximately as the midpoint of the two middle items.
It is erratic, if the number of items is small.
Posted Date: 9/14/2012 2:08:42 AM  Location : United States
Ask an Expert
Related Discussions:
Disadvantages of median, Assignment Help, Ask Question on Disadvantages of median, Get Answer, Expert's Help, Disadvantages of median Discussions
Write discussion on Disadvantages of median
Your posts are moderated
Write your message here..
Related Questions
Stratified random sampling, Stratified Random Sampling: This method of ...
Stratified Random Sampling: This method of sampling is used when the population is comprised of natural subdivision of units, The method consist in classifying the population u
Standard deviation , Standard Deviation The concept of standard deviat...
Standard Deviation The concept of standard deviation was first introduced by Karl Pearson in 1893. The standard deviation is the most important and the popular measure of disp
Computer application in statistics, advantage and disadvantage
advantage and disadvantage
Compute the sample mean and sample standard deviation, We want to investiga...
We want to investigate the income data. In the Excel file Midterm Data.xls there is a tab labeled "Income Data 2006". The data in the tab is the income reported by 400 people in
Evaluate standard deviation, Consider an MBA program as a processing networ...
Consider an MBA program as a processing network where the flow unit consists of a student in the program. Suppose the organizations that hire and promote MBAs are considered to be
Chisquare analysis, Chisquare analysis can be used with both Goodnessof...
Chisquare analysis can be used with both GoodnessofFit Tests and with Tests for Independence. There are specific instances when each test should be used based on the information
STATISTICS, Ask 3. Precision Manufacturing has a government contract to pro...
Ask 3. Precision Manufacturing has a government contract to produce stainless steel rods for use in military aircraft. Each rod is required to be 20 millimeters in diameter. Each
Pie diagram, Circles or Pie Diagram: Circles or pie diagrams are alter...
Circles or Pie Diagram: Circles or pie diagrams are alternative to squares. These are used for the same purpose i.e. when the values are differing widely in their magnitude
Angle count method, Angle Count method The method for estimating the pr...
Angle Count method The method for estimating the proportion of the area of a forest which is in fact covered by the bases of trees. An observer goes to each of the number of po
Confidence interval, for this proportion, use the +2 rule of thumb to dete...
for this proportion, use the +2 rule of thumb to determine the 95 percent confidence interval. when asked if they are satisfied with their financial situation, .29 said "very sat
Assignment Help
Accounting Assignment Help
Economics Assignment Help
Finance Assignment Help
Statistics Assignment Help
Physics Assignment Help
Chemistry Assignment Help
Math Assignment Help
Biology Assignment Help
English Assignment Help
Management Assignment Help
Engineering Assignment Help
Programming Assignment Help
Computer Science Assignment Help
IT Courses and Help
ExpertsMind Services
Online Tutoring
Projects Assistance
Exam Preparation
Coursework Help
Programming Courses
Engineering Courses
Why Us ?
~Experienced Tutors
~24x7 hrs Support
~Plagiarism Free
~Quality of Work
~Time on Delivery
~Privacy of Work