Find mean and median for all four values of the series and answer the questions given at the end of table :
Series |
X (Variable Values) |
Mean |
Median |
A B C D |
1,2,3 1, 2, 30 1, 2, 300 1, 2, 3000 |
? ? ? ? |
? ? ? ? |
1. Is median affected by extreme values?
2. Is median a better method than mean?
Series |
X (Variable Values) |
Mean |
Median |
A B C D |
1,2,3 1, 2, 30 1, 2, 300 1, 2, 3000 |
2 11 101 1001 |
2 2 2 2 |
1. No, median is not affected by extreme values.
2. Yes, median is a better method than mean.