The main averages, which can also be referred to as measures of central tendency, are the mean, mode and median. Robert is preparing for his Mathematics GCSE exams. Each paper is marked out of 100.
JEFF: Let’s start with the ‘mean’ score. JANINE ... JANINE: We can even find the ‘median,' Jeff. Just look at our ordered scores and it’s the one right in the middle, which is six!
As if we needed more discouraging news about the housing market, here’s this: The median age of the first-time home buyer ...
The median sale price is the estimated middle price from a range of low to high sale prices. The mid point should indicate that half of the properties sell for less and half sell for more.