DEFINITION of 'Median'
The middle number in a sorted list of numbers. To determine the median value in a sequence of numbers, the numbers must first be arranged in value order from lowest to highest. If there is an odd amount of numbers, the median value is the number that is in the middle, with the same amount of numbers below and above. If there is an even amount of numbers in the list, the middle pair must be determined, added together and divided by two to find the median value. The median can be used to determine an approximate average.
BREAKING DOWN 'Median'
To find the median value in a list with an odd amount of numbers, one would find the number that is in the middle with an equal amount of numbers on either side of the median. To find the median, first arrange the numbers in order from lowest to highest:
List: 3, 13, 2, 34, 11, 26, 47
Arranged in order, the list becomes: 2, 3, 11, 13, 26, 34, 47
The median is the number in the middle: 2, 3, 11, 13, 26, 34, 47
13 is the median in the list of numbers since there are 3 numbers on either side.
To find the median value in a list with an even amount of numbers, first arrange the numbers in order from lowest to highest:
List: 3, 13, 2, 34, 11, 26, 47, 17
Arranged in order, the list becomes: 2, 3, 11, 13, 17, 26, 34, 47
The median is the average of the two numbers in the middle: 2, 3, 11, 13, 17, 26, 34, 47
13 + 17 = 30 30/ 2 = 15. Fifteen is the median value in this list of numbers.

Moving Average  MA
A widely used indicator in technical analysis that helps smooth ... 
Distribution
1. When trading volume is higher than that of the previous day ... 
Arithmetic Mean
A mathematical representation of the typical value of a series ... 
Skewness
Describe asymmetry from the normal distribution in a set of statistical ... 
Kurtosis
A statistical measure used to describe the distribution of observed ... 
Harmonic Average
The mean of a set of positive variables. Calculated by dividing ...

Economics
What a $20 USD Barrel Means For the US Oil Industry
Read about Goldman Sachs' prediction that oil prices could go as low as $20 a barrel. Understand how low prices impact companies in the U.S. oil sector. 
Taxes
The 7 Best States For Property Taxes, and Why
Understand why some states have high property taxes while others have low property taxes. Learn about the states with the lowest property taxes. 
Home & Auto
The Most Expensive Neighborhoods in London
Understand what makes London such a desirable place to live and why it is so expensive. Learn about the top five most expensive neighborhoods in London. 
Home & Auto
The Most Expensive Neighborhoods in Manhattan
Understand why Manhattan has some of the priciest residential real estate in the world. Learn about the top four most expensive neighborhoods in Manhattan. 
Home & Auto
The Most Expensive Neighborhoods in Los Angeles
Understand the layout of the greater Los Angeles area and what is driving up home values. Learn about the top eight most expensive places to live in LA. 
Active Trading Fundamentals
Simple Moving Averages Make Trends Stand Out
The moving average is easy to calculate and, once plotted on a chart, is a powerful visual trendspotting tool. 
Active Trading
Competitive Advantage Counts
What's the best indicator of a company's future success? Its ability to succeed when others fail. 
Technical Indicators
Investors Intelligence Sentiment Index
This indicator can give a overall sense of bull and bear forces  learn what it is and how it's constructed. 
Forex Education
Break Into Forex In 12 Steps
Learn how to get started in forex trading. 
Active Trading Fundamentals
Support And Resistance Basics
Understanding the concept of Support and Resistance in trading can drastically improve your shortterm investing strategy.

What profit margin is usual for a company in the food and beverage sector?
Food and beverage companies represent an attractive investment option for investors since these companies belong to a consumer ... Read Full Answer >> 
What are the consequences of one party violating the terms of a letter of intent?
The chemicals sector consists of a diverse group of companies that operate in different industries, such as specialty chemicals, ... Read Full Answer >> 
What is the difference between a bond's coupon rate and yield to maturity?
The electronics sector offers an attractive addition to a portfolio because it provides strong growth opportunities. The ... Read Full Answer >> 
How do you determine a tangible asset's useful life?
The chemicals sector provides an attractive addition to a portfolio that offers stable growth potential. The chemicals sector ... Read Full Answer >> 
What's the average salary of an operations research analyst?
The national median salary for an entry level operations research analyst is $50,350 as of 2014, with the middle 50th percentile ... Read Full Answer >> 
What are the toppaying jobs according to the Bureau of Labor Statistics?
According to the Bureau of Labor Statistics figures from 2012, the most recent statistics available as of September 2014, ... Read Full Answer >>