Mean Vs Median. When to use which one.

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Six Sigma Academy Amsterdam (SSAA)

Six Sigma Academy Amsterdam (SSAA)

Күн бұрын

Mean Vs Median. When should you use the median and when the mean?
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Пікірлер: 17
@tiffany5575
@tiffany5575 Жыл бұрын
Yes...easily understood explanation. Thank you!
@sixsigmaacademyamsterdam
@sixsigmaacademyamsterdam Жыл бұрын
Great to hear!
@lovemath101
@lovemath101 9 күн бұрын
Loved the explanation, thanks!!!
@iamandyrosas
@iamandyrosas 6 ай бұрын
super simple and awesome explanation!!! thank you!!!
@simonwortmann1472
@simonwortmann1472 Жыл бұрын
very good example, thank you
@farhanaditya2647
@farhanaditya2647 Ай бұрын
"use them together" bro basically solved the debate, lol.
@ReinisRap
@ReinisRap Жыл бұрын
great explanation, much appreciated!
@GabrielGreedy
@GabrielGreedy 7 ай бұрын
Any of the 2 measurements can be skewed by BAD data. similar to the edge case on on having a stupid high number. You can have a situation where you have a BIG set small numbers and them a few more on the middle enough to jump the scales. ex. (1,1,1,1,5,8,8,8,8) This will read 5, but any switch on either side will switch the value entirely. It's important to understand how each works and understand it's flaws, one can be biased by big high numbers, while the other is just the 50% mark, for me the benefit of the median is that it will give you a good idea of how much each new person will add to the pile (since it's a 50%) change of they adding this new value.
@YourFrienjamin
@YourFrienjamin 6 ай бұрын
Very important to know the word "median" when finding out the average person's income minus the super rich skewing the scales.
@tobarjaime
@tobarjaime Жыл бұрын
Thanks! I was just wondering about when to use each but the example was perfect!
@nikolastsialdaridis961
@nikolastsialdaridis961 Жыл бұрын
easily understood explanation. Thank you
@mdnayemsarker639
@mdnayemsarker639 Жыл бұрын
Thanks. It was helpful
@sixsigmaacademyamsterdam
@sixsigmaacademyamsterdam Жыл бұрын
Welcome
@RamaKrishna-ue2jh
@RamaKrishna-ue2jh Жыл бұрын
Very useful,thanks
@sixsigmaacademyamsterdam
@sixsigmaacademyamsterdam Жыл бұрын
Thanks!
@fredkester6130
@fredkester6130 Жыл бұрын
Very clear , thank you very much
@sixsigmaacademyamsterdam
@sixsigmaacademyamsterdam Жыл бұрын
Thank YOU
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