The Difference Between Median and Average
If we have 6 numbers as such:
We can find either the Median (Middle) or the Average (synonymous to Mean.) They are two completely different measurements.
The Average of the numbers above can be calculated by adding them all together then dividing by the number of samples. In this case, the sum of 23+44+80+95+110+124 is 476. Divide this by 6 (6 numbers altogether) and you have the Mean/Average.
This example’s average is 79.33.
The Median is calculated differently. The median is the number in the middle. Half of the numbers are below the median, and half are above. When there are an odd number of samples, this is easy to find. When there are an even number, you have to find the Average of the middle two numbers. In this case, the middle two numbers are 80 & 95. The average of those two numbers is 87.50 which, as you can see, is vastly different than 79.33.
This example’s median is 87.50.