Use Of Median Vs Mean. Lot of people think than Mode is something useless. The resulting mean is 12 a value that doesnt really reflect the majority of values in the group.
Mean and Median are two commonly used terms in mathematics mean is like average of a given numbers and it sums up the numbers and divide them with the count of numbers which gives us the mean while median on other hand returns the middle number from the whole data set and if the data set is even then median adds the two middle numbers and divides it by 2 giving us the median. Median is the middlemost numerical in a sorted list of those numerical. In this case the median and mean will be very similar mean000337 median001690.
Because it is more widely known than the trimmed mean it may be good when your audience is not statistically sophisticated.
Median The main disadvantage of using the mean to describe a group of numbers is that extremely small and large values can skew the result. For a lot of analysis the mean is very useful. For example the mean of the numbers 4 5 5 6 and 40 is the sum of the numbers 60 divided by 5. This middle value is also known as the central tendency.
