Median price

[dreamwest]

I have a few prices and need to find the median of them, the problem is there is sometimes one really high price that distorts the median.

 

Is there a way to normalize the figures?

 

Example numbers

 

76
87
95
78
104
1098

 

Normally i would do it this way but it gives a distorted view of the median number

 

$lowest = 76;
$highest = 1098;

$mid = (($lowest - highest) / 2) + $lowest; // echos 511

[cpd]

Your trying to eliminate anomalies? Moreover, your not even working the median number out doing this. Your working out the average of two numbers otherwise referred to as the mean number; you then add the lowest figure to it completely throwing it off and well... I don't even think there is a word to describe what your doing here.

 

The median is the middle value of a range of numbers. Should there be an even number of numbers, the two middle values are added together and divided by two.

 

Mathematics lesson over (Y).