Data Scienc, Statistical Analysis, Probability, Data Analysis, Machine Learning.
two middle values. It is a better alternative to mean since it is less impacted by outliers and data skewness. If n is odd, Median = ((n + 1)/ 2)ᵗʰ observation If n is even, Median = [(n/2)ᵗʰ obs.+ ((n/2) + 1)ᵗʰ obs.]/2 Mode: The most frequently occurring observation. A dataset can have one mode,