Median, Applied Statistics

Assignment Help:

Median

Median is a position average. It is the value of middle item of a variable when the items are arranged according to their values either in ascending or descending order. Its value is so located in the frequency distribution that it divides in half with50% of the items below it and50% of items above it.

In the words of Dr. A. L. Bowley, if the number of the group are ranked in order according to the measurement under consideration, then the measurement of the number most nearly one half is the median,

Connor has defined it as, The median is that value of variable which divides the group into two equal parts, one comprising all values greater, and the other all values less √than the median.

Computation of Median (Individual Observation)

The following procedure is adopted:

(1)   The variable is arranged in either ascending or descending order.

(2)   Median is located by finding the value or size   of N+1/2TH items. Symbolically.

M =Value of (N+1)/2 th item

M= Median

N= Number of items


Related Discussions:- Median

Multivariate analysis, Multivariate analysis involves a set of techniques t...

Multivariate analysis involves a set of techniques to analyse data sets on more than one variable. Many of these techniques are modern and often involve quite sophisticated use of

Cluster sampling, Cluster Sampling This method is also known as multi s...

Cluster Sampling This method is also known as multi stage sampling .Under this method random selection is made of the ultimate or final units from a given stratum. The sampling

Regression and anova, The first step in this case is to ensure that you ar...

The first step in this case is to ensure that you are adequately clear on the General Linear Model and its relationship to both ANOVA and regression. The distinction is approxim

Utility function, The decision maker ranks lotteries according to the utili...

The decision maker ranks lotteries according to the utility function (i) State the independence assumption. Does this decision maker satisfy it? (ii) Is this decision ma

Diversity of data , The box plot displays the diversity of data for the tot...

The box plot displays the diversity of data for the totexp; the data ranges from 30 being the minimum value and 390 being the maximum value. The box plot is positively skewed at 1.

Predict higpa using a logistic regression, In this problem, we use the CSDA...

In this problem, we use the CSDATA data set, which is available in 'CSDATA.txt'. We do ne an indicator variable, say HIGPA, to be 1 if the GPA is 3.0 or better and 0 other- wise. S

E-mail messages should be answered quickly, Do people of different age grou...

Do people of different age groups differ in their response to e-mail messages? A survey by the Cent of the Digital Future of the University of Southern California reported that 70.

Multi stage or cluster random sampling, Multi stage or Cluster Random sampl...

Multi stage or Cluster Random sampling  Under this method, the random selection is made of primary, intermediate and final units from a given population. The area of investigat

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd