In case of an even number of observations which of the following is median?

CA Foundation · Quantitative Aptitude · MTP · January 2025
In case of an even number of observations which of the following is median?
(A) A. Any of the two middle-most value
(B) B. The simple average of these two middle values
(C) C. The weighted average of these two middle values
(D) D. Any of these

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. The simple average of these two middle values

Topics: Part-C: Statistics

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