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Median

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.

Related Terms: 5 Average, Mean, Median, Order, Type
Other Related Pages: Category: Technical_Analysis Starting With: M
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