3 ms·
You can compute things based on the average, eg. samples*average = totals. There is no interesting statistical property I'm aware of that is computed with media
by ggeorgovassilis 4y ago
You can compute things based on the average, eg. samples*average = totals. There is no interesting statistical property I'm aware of that is computed with medians.
From a philosophical perspective, the median hides outliers which, however, contribute to the total value of a population.
- simonblack 4y agoOn the other hand, you might have 10 million people starving because they have no money for food, but if you include a billionaire in the group you will find that everybody has plenty of money for food.