What is Median?
The value in the middle when data are sorted by size. When there is an even number of values, it is the average of the two middle values. Unlike the mean, it is little affected by values far from the rest (outliers), so it suits as the representative value of data that include some extreme values, such as response times or incomes. Half of the data are at or below it and half at or above it, and it corresponds to the second quartile. The most frequent value is called the mode.
Japanese name: 中央値
Median appears in 5 practice questions across 4 topics, including Probability, Statistics and Queueing, Reliability, Data Structures and Algorithms.