Glossary › Maths and statistics

Median and mean

The mean adds the numbers and divides by how many there are. The median is the middle number once they are sorted.

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One very large value drags the mean up but barely moves the median, so the median is often a better picture of a typical value, such as a typical salary or house price.

In Ratio

You typeRatio shows
mean(1, 2, 3, 4)2.5
median(1, 3, 2)2

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Standard deviation · All terms

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