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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › Measures of average and dispersion- Average (lec 2)
Sir, in school, I have been taught that when the total frequency of observations is even, the middle value is n/2, but when it is odd, it is n+1/2. However, in the sum with the grouped data, the total is 52, but we have taken n/2 for median as 26.5 instead of 26.
It is always the (n+1)/2 observation.
okay sir, thank you so much
You are welcome 🙂