Core ConceptsMedianMedian Concept The median is the middle value in a data set when it is sorted in ascending or descending order. Formula: For an odd number of values: Median=Value at the middle position when data is sorted\text{Median} = \text{Value at the middle position when data is sorted}Median=Value at the middle position when data is sorted For an even number of values: Median=Value at the first middle position + Value at the second middle position2\text{Median} = \frac{\text{Value at the first middle position + Value at the second middle position}}{2}Median=2Value at the first middle position + Value at the second middle positionRelated ConceptsExplain Like I'm 5