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median value vs avarage value

The correct phrase is 'median value'. 'Average value' is also correct, but it refers to the mean value of a set of numbers, while 'median value' refers to the middle value when the numbers are arranged in order. These phrases are not interchangeable as they represent different statistical concepts.

Last updated: March 31, 2024 • 454 views

median value

This phrase is correct and commonly used in statistics to refer to the middle value of a dataset.

Use 'median value' when referring to the middle value of a dataset. It is especially useful when there are outliers that could skew the average value.

Examples:

  • The median value of the dataset is 10.
  • The median value provides a better representation of the central tendency in this case.

Alternatives:

  • middle value
  • midpoint value
  • central value
  • 50th percentile

avarage value

This phrase is correct and commonly used to refer to the mean value of a dataset.

Use 'average value' when referring to the mean value of a dataset. It is calculated by adding up all the values and dividing by the number of values.

Examples:

  • The average value of the dataset is 15.
  • The average value is influenced by extreme values in the dataset.

Alternatives:

  • mean value
  • arithmetic mean
  • expected value
  • typical value

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