Median Definition
Median: In probability theory and statistics, a median is described as the number separating the higher half of a sample, a population, or a probability distribution, from the lower half. The median of a finite list of numbers can be found by arranging all the numbers from lowest value to highest value and picking the middle one. For odd n, Median (M) = value of ((_n_ + 1)/2)th item term. For even n, Median (M) = value of {(_n_/2)th item term + (_n_/2 + 1)th item term}/2 ...