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This lesson is a part of the course Statistical Concepts and Market Returns
Median refers to the midpoint or the middle value of a data set after sorting the values in ascending or descending order.
Our data set sorted in ascending order is presented below:
1.2, 1.5, 1.7, 2.3, 2.5, 2.9, 3, 3.8, 4.2, 4.3, 5.4, 5.5, 5.6, 5.9, 6.2, 6.7, 8.5, 8.8, 9.5, 9.8
