Disadvantages of median, Applied Statistics

Assignment Help:

Disadvantages

  1. For calculating median it is necessary to arrange the data; other averages do not need any arrangement.
  2. Since it is a positional average, its value is not determined by each and every observation.
  3. 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.
  4. The value of median is affected more by sampling fluctuations than the value of arithmetic mean.
  5. 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 mid-point of the two middle items.
  6. It is erratic, if the number of items is small.

Related Discussions:- Disadvantages of median

What are the coefficients of the linear combination, For the following ques...

For the following questions we are interested in a comparison of the 16 years education vs. > 16 years. (Recall we did the analysis on the log scale, so these are actual means on t

Sdsad, Ask questionsadsadsadsadas#Minimum 100 words accepted#

Ask questionsadsadsadsadas#Minimum 100 words accepted#

Kurtosis and skew, how to interpret results, a good explanation to help me ...

how to interpret results, a good explanation to help me understand.

Determine the probability, For a distribution of scores with = 82 and stand...

For a distribution of scores with = 82 and standard deviation = 2.5, find the following: (Don't forget to sketch the normal curve to help you visualize what you are trying to fi

Regression analysis and experimental design, For many decades, there has be...

For many decades, there has been considerable attention paid to identifying various factors that help to reduce the number of fatalities on Australian roads. In 1964 Victoria and S

Perform a dimensional analysis for the quantities, Show how the Normal bin ...

Show how the Normal bin width rule can be modi ed if f is skewed or kurtotic. Examine the eff ect of bimodality. Compare your rules to Doane's (1976) extensions of Sturges' rule.

Calculate the maximum charge current, For the circuit shown below; Wr...

For the circuit shown below; Write a KCL equation for Node A, Node B, Node C and Node D. Write a KVL equation for Loop 1, Loop 2 and Loop 3.   A simple circ

Which average is to be used to describe statistical data?, There ar...

There are situations where none of the three averages is fully satisfactory. For example, if the number of items in a series is very small, none of these av

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