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19 Definitions

Median

For Median we have terms and definitions in 19 topics. The topics are Accounting, Cancer, Education, Gifted Education, Energy, Explosives, Geometry, HIV and AIDs, Huntingtons Disease, Insurance Compensation, Marketing, Non-Profit Accountability, Physical Geography, Public Speaking, Real Estate, Science, Sociology, Spiders, Statistics and Supply Chain.



Median (Accounting)

is the value of the midpoint variable when the data are arranged in ascending or descending order.


Median (Cancer)

A statistics term. The middle value in a set of measurements.


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Median (Education, Gifted Education)

A measure of central tendancy where half the scores are above and half below.


Median (Energy)

The middle number of a data set when the measurements are arranged in ascending (or descending) order.


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Median (Explosives)

The halfway point in the measurements when they have been arranged in order of size.


Median (Geometry)

  1. In a triangle, a line segment drawn from a vertex to the midpoint of the opposite side.
  2. In a trapezoid, a line segment parallel to the bases and bisecting the legs.


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Median (HIV and AIDs)

The midpoint in a series of numbers; half the data values are above the median, and half are below. For example, in the odd series 1, 4, 9, 12 and 33, 9 is the median. In the even series 1, 4, 10, 12, 33 and 88, 11 is the median (halfway between 9 and 12). Note, the median is not necessarily the same as the AVERAGE (or mean). For example, the median of 2, 6, 10, 22 and 40 is 10 but the average is 18.


Median (Huntingtons Disease)

The middle value in a set of numbers arranged in increasing order. If there is an even number of values, then the median is the average of the middle two values. For example, the median of the set {10, 12, 14, 19, 20} is 14. The median of the set {2, 3, 4, 6, 8, 9} is 5, which is the average of 4 and 6.


Median (Insurance Compensation)

One type of norm measure found by arranging the values in order and then selecting the one in the middle. Therefore, half of the numbers are less than the median, and half are higher than the median.


Median (Marketing)

The numerical observation that divides the distribution of observations in half. Sometimes referred to as the second quartile.


Median (Non-Profit Accountability)

The statiscal mid-point of a group of answers or test scores. See also:Mean, Mode, Standard Deviation


Median (Physical Geography)

Statistical measure of central tendency in a set of data. The median is the value halfway through a data set where the values have been ordered from lowest to highest. In an even data set, the median is the average of the two halfway values.


Median (Public Speaking)

The middle number in a group of numbers arranged from highest to lowest.


Median (Real Estate)

The middle figure in a set of numbers.


Median (Science)

The value exactly at the midpoint of a series of values


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Median (Sociology)

The number that falls halfway in a range of numbers--the score below which are half the scores and above which are the other half. The median is a way of calculating 'central tendency' which is sometimes more useful than calculating a mean (particularly when many extreme scores are in the distribution).


Median (Spiders)

In the midline or middle.


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Median (Statistics)

The middle measure in an ordered distribution.


Median (Supply Chain)

The middle value in a set of measured values when the items are arranged in order of magnitude. If there is no single middle value, the median is the mean of the two middle values.
Merge In Transit: The process of "merging" shipments from suppliers and going directly to the buyer or to the store, bypassing the seller. A "drop shipment" from several vendors to one buyer.
Merger: The combination of two or more carriers into one company that will own, manage, and operate the properties that previously operated separately.




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