How is the median calculated - SS1 Economics Types Of Central Tendency, Merits And Demerits And Simple Application: Question
How is the median calculated?
A
By summing all values and dividing by the number of observations
B
By taking the most frequent value in the data
C
By arranging the data in order and taking the middle value
D
By determining the width of each class in the frequency distribution
correct option: a
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