Merits & Demerits of Median

Merits & Demerits of Median

Merits of Median
  • Median is not influenced by extreme values because it is a positional average.
  • Median can be calculated in case of distribution with open-end intervals.
  • Median can be located even if the data are incomplete.
Demerits of Median
  • A slight change in the series may bring drastic change in median value.
  • In case of even number of items or continuous series, median is an estimated value other than any value in the series.
  • It is not suitable for further mathematical treatment except its use in calculating mean deviation.
  • It does not take into account all the observations.

Last modified: Tuesday, 31 January 2012, 6:25 PM