median

Median vs. Mean: Which is Better?

The choice between using the median or the mean depends on the nature of the data. The mean is more sensitive to extreme values, making it less reliable when the data is skewed or has outliers. The median, on the other hand, provides a better central tendency measure in such cases. For example, if studying income levels in a population where a few individuals have extremely high incomes, the median would give a more accurate representation of the typical income.

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