Mean Vs Median. When to use which one.

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Mean Vs Median. When should you use the median and when the mean?

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Комментарии
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Yes...easily understood explanation. Thank you!

tiffany
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super simple and awesome explanation!!! thank you!!!

iamandyrosas
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Thanks! I was just wondering about when to use each but the example was perfect!

tobarjaime
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Very important to know the word "median" when finding out the average person's income minus the super rich skewing the scales.

YourFrienjamin
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easily understood explanation. Thank you

nikolastsialdaridis
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"use them together"

bro basically solved the debate, lol.

farhanaditya
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Any of the 2 measurements can be skewed by BAD data. similar to the edge case on on having a stupid high number. You can have a situation where you have a BIG set small numbers and them a few more on the middle enough to jump the scales. ex. (1, 1, 1, 1, 5, 8, 8, 8, 8) This will read 5, but any switch on either side will switch the value entirely. It's important to understand how each works and understand it's flaws, one can be biased by big high numbers, while the other is just the 50% mark, for me the benefit of the median is that it will give you a good idea of how much each new person will add to the pile (since it's a 50%) change of they adding this new value.

GabrielGreedy