Mean/Median Comparison

Objective: Evaluate the concepts of medium and median and the signification of the dissimilarity.

Analysis can compromise the use of twain the medium and the median. While these are resembling concepts, the regard of a medium versus a median can reach at very irrelative results. This assignment caters the convenience to investigate the medium and median and evaluate the results.

Evaluating the medium and median can cater irrelative knowledge. Medium can be alternate delay the concept of medium: assume a set of gum and particularize the medium amount; that would be the concordant as the medium. The median eventually, requires ordering a set of gum from last to leading and opinion the estimate that is in the intermediate of that set of gum. While repeatedly provision to be resembling to medium, the answers can be truly irrelative.

  • Review this website: Yahoo! Finance located at http://finance.yahoo.com/quote/YHOO/history?ltr=1
  • Select two publicly traded companies. Using the unromantic store values located at Yahoo! Finance to furnish the store values for the late 31 days.
  • For each company:
    • Find the medium
    • Find the median
    • Create a graph of knowledge
  • Write a one-page partition of the knowledge that you own compiled.
    • In that partition, particularize the store that you would buy inveterate on the knowledge.
    • Which arrangement of partition was further great to you in your decision: medium or median?
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