C. The middle value when the data is arranged in order. D. The average value. 相关知识点: 试题来源: 解析 C。“median”在统计语境下指的是中位数,即把一组数据从小到大或从大到小排列后,处于中间位置的数。选项 A 是最高值;选项 B 是最低值;选项 D 是平均数。反馈 收藏 ...
What does the term "median wage" mean? What is the definition of the term "median wage"? A "median wage" is the boundary between what the highest 50% of earners are paid and what the lowest 50% of earners are paid. For instance - let's say that the "median wage" of a doctor i...
What does the median show vs. the mean? "Mean" and "average" are synonyms in this context. The difference between what the mean shows and what the median shows is the same as the difference between median and average. The median is the figure at which half of the data points fall abov...
If you've ever scratched your head over the difference between mean, median, and mode, fret not – you're not alone. While they may sound somewhat similar, they serve very different purposes. In other words, they aren't just tongue-twisting words, but essential tools that help us make ...
Home prices have risen dramatically compared to average wages over the past several decades. In 1960, according to the U.S. Census Bureau, the average income for a family was $5,600, and the median home price was only two times that, at $11,900.1112In 2022 (Q4), in contrast, the me...
What’s the difference betweenmean,median, andmode? How do you find themean,median, andmode? Quick summary You find themean(informally called theaverage) by adding up all the numbers in a set and then dividing by how many values there are. When you arrange a set of values from smallest...
We clearly see that the value of median lies at the center of the set of values in the data set, whereas the mean value does not clearly give the center value. Therefore, for this data set we can prefer to use the median to find the central value. ...
What does a zero median mean? Describing Data Sets There are various terms that can be used to describe the numbers contained in a data set. Some of these include the mean (or average) of the values, the mode (the number that occurs most frequently in the data set), and the median ...
For the investments shown in the table below, what are the respective mean, median, and mode of the returns? Investment Return (%) A 12 B 14 C 9 D 13 E 7 F 8 G 12 A. 12.00%; 12%; 12%. B. 10.71%; 12%; 12%. C. 10.71%; 9%; 13%....
The mean is the average return computed by summing the returns and dividing by the number of investments: 75 / 7 = 10.71%.The median is the mid-point or central number of returns arranged from highest to lowest or lowest to highest. In this case: 7, 8, 9, 12, 12, 13, 14. The ...