5 min listen
E22: Why calculating Median can be better than a Mean or Average
E22: Why calculating Median can be better than a Mean or Average
ratings:
Length:
12 minutes
Released:
Feb 20, 2021
Format:
Podcast episode
Description
Most people calculate the average when summarizing data, but what about the median? The median is not as sensitive to outliers and skewed data, and can be a better indicator of the typical or most common outcome in your data.
Links
Wikipedia: Median
BIZ-PI.com
LeanSixSigmaDefinition.com
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Send in a voice message: https://podcasters.spotify.com/pod/show/leansixsigmabursts/message
Links
Wikipedia: Median
BIZ-PI.com
LeanSixSigmaDefinition.com
---
Send in a voice message: https://podcasters.spotify.com/pod/show/leansixsigmabursts/message
Released:
Feb 20, 2021
Format:
Podcast episode
Titles in the series (100)
E12: First SDCA before PDCA by Lean Six Sigma Bursts