GREY:SWYDF - Post by User
Comment by
procrustes2on Jul 06, 2011 8:15pm
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Post# 18803866
RE: RE: 2 year "average" for environment
RE: RE: 2 year "average" for environment"Not to belabour the point, but a mid-point or mean is the middle entry,so you need at least three entries and it can be very misleading, eg ifthe house values were 50k (unlikely I know), 250K and 900K, your mean is250K versus your average which is $400K."
Just to keep things straight here, the midpoint that you identify is the median. The mean and average are the same measurement.