You may hear about the median salary for a country or city. When the average income for a country is discussed, the median is most often used because it represents the middle of a group. Mean allows very high or very low numbers to sway the outcome but the median is an excellent measure of the centre of a group of data. To learn more about Statistics, enrol in our full course now: bit.ly/StatisticsDM To watch more videos related to Graphs And Statistics, click here: bit.ly/GraphsAndStatistics_DMYT

@Rekha49396

4 жыл бұрын

Thanks ma'am i understanded it

@malleswararaobairisetti6525

3 жыл бұрын

I understood

@andrewleonidas1721

2 жыл бұрын

Instablaster

@carazdoran9112

2 жыл бұрын

Should we count 0 as median while ascending it?

@xxunder__takerxx8250

2 жыл бұрын

tnx

I blamed myself all the time during my childhood for not being good at maths. Now, i realize that it was my teachers who were to be blamed.

@dr.dikenballs220

Жыл бұрын

Exactly it was dont blame your sharp and imaginary childhood brain 😊

I've been trying to understand this for so long but everybody always explains it technically rather than practically. Your video helped me understand the first time I watched it! The mean may be mathematically correct, but not truly representative of the values within the data set.

@chriseffpunkt4333

2 жыл бұрын

It makes far more sense in terms of capital. Just imagine the mean and median of all the salaries earned per person per month. It is easy to see that the few people earning millions will offset the salaries to much higher values. In Germany, I remember seeing the mean at 2.8k netto while the median is more close to 2k. That is a 40% difference, which is quite significant if you ask me. But its great it helped you, I have always had the problem, that if I don't find a real life application, I end up not being able to use these mathematical concepts later on.

So true. When I am looking at wealth report, I always look at median and the Gini Coefficent (since I am interested in how things are distributed not if they are shared equally) first then I look at the mean since the mean is 'this is what you would see if everything is shared equally . Say the mean of two fictitious countries , A and B with a population of 7 adults is 50,000, but while country A distribution is 50 k , 50 k , 50 k, 50 k , 50 k , 50 k 50 k , country B is 0 , 0 , 0, 0, 100 k, , 100 k 150 k . Here both countries have the same mean 50,000 (350/7 and 350/7), but while country A median is 50,000 country B median is just 0 dollar. Here this tells me that half of country B population have less than zero in wealth indicating that wealth are NOT distributed the same as in country A . but one only knows this is case after looking at the mean and see the large difference between it and the median as in one case the difference is 50,000 (50k - 0)and in the other it is zero (50-50) meaning that in country A wealth is evenly distributed among the 7 adults while in country B less than half adults have all the wealth. So if you look at total wealth for both countries you will see 350 billions, but does NOT tell you how that it is distributed until you start to observe the median. The mean is like everyone in a room getting the same slice of cake or everyone (including billionaires, millionaires, upper class income, etc) don't stop spreading their wealth until everyone has the same wealth, so it doesn't really tell how things are distributed just 'what if they were' such as five friends having a total of 100 dollars in the pocket and they don't stop distributing until each has 20 dollars, so the friend who started with 50 dollars he ended up with 20 dollars and the one with 0 dollar he ended with 20 dollar until they all have 20 dollar each and that is the mean.

after two months of statistics I finally understand the reason for so many choices in the central tendency. thank you!!!

Amazing... It made my concepts clear.

@InfinityLearn_NEET

5 жыл бұрын

That's great! Happy Learning :)

@daveforfav7650

4 жыл бұрын

@@InfinityLearn_NEET u deserve 1m subs

@gandhamramadevi3340

2 жыл бұрын

@@InfinityLearn_NEET yes they do!!

woh i realy learnt something

Very clear and easy to understand. You got yourself a sub and a like!

Woooow what a good and valuable video it is !!! Thanks for teaching The video was more better than 40 min maths class and that math class is very boring but after seeing this video l think 🤔 this video is much better than 40 min maths class ... Yes who really agree with me ???

Thanks a lot for this wonderful class... 🙂

great teaching

Very Nicely explained the significance with an application.. Thanks

l very much understand these videos, you explain very nicely, you make the concepts very clear!!!thanks a lot!!!

This made me understand all the things

excellent madam , do some more vedios

Awesome

Thank you so much, that's exactly what i needed right now!!

It's very nice

@chitrarajesh32

4 жыл бұрын

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This was really informative.

Thank You

Thanks it's very amazing and easy

Thank you so much

Really very helpful thank you.. you're doing a great job.

This video was so clear, thank you! Now i'm ready for a meeting at work tomorrow lol...

Excellent mam thanks very much

Thanks 😄🙂☺

Your explanation are great

Nice video super thanks👍👍👍👌👌👌

Very good example!

Very good explanation with a relatable example

@InfinityLearn_NEET

4 жыл бұрын

Thanks a lot, Renuka! Glad you understood the concept and could relate easily with example as well. Keep watching 😊😊

Great example 👍

Wow it's very good explanation ✌🏻👍🏻 Keep it up

Thank you mam for clearing the concept 😌✋.hats off to uh💕

That was very good indeed.

Suitable example mam 🤗🤗🤗

If there are four numbers in median then what will be the median??

This type of teaching is need in all of the school of India 🇮🇳 Thank you a lot mam

So thanks ma'am

@InfinityLearn_NEET

3 жыл бұрын

You are most welcome, Manvi! Keep watching! 🙂🙂

wonderful explanation 😃😃

This is very good.

awesome example

@InfinityLearn_NEET

5 жыл бұрын

Thank you so much. :)

Thanks u so much this video 👍

Wish you best of luck.

Very helpful thank you

@chitrarajesh32

4 жыл бұрын

NOPE

You are great ma'am

You have explained very nice but still I have not understood the concept of median so is there any others vedio from which I can learn more something about that please!!

Thanks a lot❤️❤️

really awesome

You are a legend in describing the vedio.

Good well done

Well explain

please make a video about partial differentiation

Please make video on Statistics and Mean concept

@InfinityLearn_NEET

5 жыл бұрын

Hi Sushma, we have a few videos on Statistics here: dontmemorise.com/course/view.php?id=42 Happy Learning. :)

how did you learn all this

very nice

@InfinityLearn_NEET

5 жыл бұрын

Thanks for sharing :)

But what would be happen if there will be not a no. Exactly in the middle

It’s helpful

amazing explanation

@InfinityLearn_NEET

3 жыл бұрын

Thank you so much for your appreciation. We are glad that you understood the concept. You motivate us to do better. Keep watching our videos : )

this is realy what i need

@InfinityLearn_NEET

3 жыл бұрын

Thank you so much . For more videos, please visit our website - dontmemorise.com/

In median can we arrange the numbers in descending order?? Please reply!!

@ajgaming2yearsago194

2 жыл бұрын

ascending and descending doesnt matters.. i know its too late to reply

thanks a lot it helped a lot

@InfinityLearn_NEET

3 жыл бұрын

You're most welcome. We are really happy to hear that it was helpful to you. We are glad that you understood the concept. For more videos, please visit our website - dontmemorise.com/

Realy u teaching is very very good i am a fan of u .i love ur vedios

@InfinityLearn_NEET

3 жыл бұрын

Thank you so much Sunny for your appreciation. We are glad that you understood the concept. We are happy that we could help you learn. You really motivate us. 😊😊

Pl. give the proof of median formula for grouped data.

wow very nice

Nice

Best video ever

@InfinityLearn_NEET

3 жыл бұрын

Thank you so much for your appreciation. We are glad that you understood the concept. We are happy that we could help you learn. Do support us by subscribing to our channel. 👍👍

Great

@InfinityLearn_NEET

5 жыл бұрын

Happy Learning :)

its a very nice explanation, however what if there is only two age group 5 and 85

What does the median value when we have 4 people

what if there are a even number

So median is basically for discrete data.

Oh. I don't know weather grandpa enjoys it🤞🤞. But I love to see cartoons. especially cartoon network. I think ur also a fan of C.N

Very nice :)

@InfinityLearn_NEET

6 жыл бұрын

Thank you so much. Happy Learning :)

nice video

@InfinityLearn_NEET

3 жыл бұрын

Thank you so much for your appreciation. We are glad that you understood the concept. You motivate us to do better. Keep watching our videos. 😊😊

Does it work with this scenario 5,6,23,34,40

If 5,23 and 83 ages are there then what channel they have to watch....

@garimaa5311

3 жыл бұрын

23

I really hope grandpa us still alive it would be pity if he is dead rip cartoon loving grandpa

Nice👌👌👌😀👍👍 ✌✌🖐🖐

@InfinityLearn_NEET

5 жыл бұрын

Thanks for sharing :)

3:10 or you could define 85 as an outlying value and take the mean of the 4 people left and come up with an average of 7,5 years, which is more accurate in my opinion.

True C.N .

What happens when there are people with ages in years 1, 2,4,7,30,81,82,83, and you play a movie suited for a 30 year old

@DavisEngeler

4 жыл бұрын

You'll be accused of playing favorites.

Grandad sticks on cartoon network for the kids and has a cocktail for himself. My kind of babysitter.

Difference b/w median vs trimmed mean?

What is mode please tell mam

but they same time the totle number is not a 5 they is 6 so what do in median

Hello

in median what if it has 6 values huh which one eill u take :)

WOW

Fantastic

What if we use mode instead of median ? At least 2 people will enjoy the tv show

👍🙂

👍

But the median of first one is 7.5

1:06 What if your set has 6 numbers? :D Outplayed.

always Mean > Median ?

If 5,25,95 years members is there then what we have to take mean or median plz rply

@chitrarajesh32

4 жыл бұрын

ACTUALLY YOUR WRONG UR QUESTION FORMTION IS WRONG PLEASE SEND THE PROPER QUESTION SO THAT I CAN SOLVE IT AND GIVE U THE ANSWER

❤👍🏼

mmmmm still watching this.

owsmmmmmm

What of grandpa loves movie LOL