How is Median Calculated? | Central Tendency | Statistics
When the observations are arranged in ascending or descending order of magnitude, then the middle value is known as median of these observations. Let x1, x2 ....xn be n observations arranged in the ascending order of magnitudes. Median is defined as the 'middle most' term, that is, the value of x at the position n+1/2, i.e, we can write. Median [...]