Blogging on Employment and Job Markets in US Metro Areas

Posts Categorized: Statistics

Mean vs Median

Mean or median, which should we pay more attention to? First, for some background, the difference between the mean and median: The mean is the average, the result of dividing the sum of two or more values by the number of values. So for three values, X, Y, and Z, the mean is (X+Y+Z)/3. The… Read more »