Explain how the value of the median is determined for a data set that contains an odd number of ob-
servations and for a data set that contains an even number of observations.
If the number of observations is odd, the number in the middle of the list is the median. This can be found by taking the value of the (n+1)/2 -th term, where n is the number of observations. Else, if the number of observations is even, then the median is the simple average of the middle two numbers.
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