• Skip to content
MightyRecruiter MightyRecruiter
  • Get Free Account
  • Solutions
    • Features
    • MightySourcer
    • Post free Jobs
    • Resume Database
    • Industries
  • Pricing
    • Software Pricing
    • Why Free ?
  • Resources
    • Blog
    • Customer Case Studies
    • Webinars
    • eBooks
    • Checklists and Infographics
    • Job Description Examples
  • Recruitment Guide
    • Legal
    • Business
    • Hiring
    • HR Glossary
  • Templates
    • Job Descriptions
    • Letter Samples
  • Get Free Account
HomeRecruitment GuideGlossary Terms A-ZMedian
  • Legal Resources  
    • Termination Laws By State
    • Regular Laws
    • Wage and Hour Laws by State
  • Business Resources  
    • Business Closing
    • Business Finance
    • Business Tax
    • Starting a Business
    • Business Operations
    • Insurance and Liability
    • Intellectual Property
  • Hiring Resources  
    • Hiring Process
    • Wages and Benefits
    • Workplace Safety
    • Discrimination
    • Employee Termination
    • Managing Employees
    • Hiring Tips for Employers

Median

The median is a statistical measure of the exact middle of a set of ranked data. When a study is performed to collect information, the sets of information are sorted into categories and lists. The list of data is arranged in ascending order. The middle value is considered to be important for analytical purposes. When compared to the average of the data, a large discrepancy indicates a wide range of information or a potential problem with outliers that are skewing the results. The median is often considered to be a more useful figure than the average value, and it can be used to evaluate wages, productivity, and costs.

Legal Disclaimer

The content on our website is only meant to provide general information and is not legal advice. We make our best efforts to make sure the information is accurate, but we cannot guarantee it. Do not rely on the content as legal advice. For assistance with legal problems or for a legal inquiry please contact you attorney.

  • VIDEO TOUR
  • CHROME EXTENSION

MightyRecruiter

  • About Us
  • Work Here
  • Partners
  • Blog

Hiring Software

  • Features
  • Why Free?
  • Pricing
  • Free Job Postings
  • Free Job Description Samples
  • Watch Demo Video

Support

  • Terms of Use
  • Your Privacy
  • Disclaimer
  • Resources

Contact Us

Monday-Friday, 8am-5pm CST
1-844-382-1750
recruiterhelp@mightyrecruiter.com
Mighty Recruiter
  • Follow Us

© 2023, Bold Limited. All rights reserved

Powered by BOLD