Middle or Median score

[Anonymous]

In regards to credit score, LO keeps saying median score. With only three pieces of data there is not really a median(the score that occurs the most) unless two or more of your score are the same. Did I just answer my own question? If the three scores are all different, it is the middle. If two or more scores are the same, it is that score that is used.......Correct????????

[DallasLoanGuy]

correct

[Anonymous]

You're confusing "median" with "mode". The "mode" is the value that occurs most often. The "median" is the value that is halfway down the list when the values are listed in value order. As you noted at the end, though, for a set of 3 values, the median and mode are always the same value.

Correction: if no values are repeated, there is *no* mode for the list of values, so the median and mode are not always the same for a set of 3 values (but if there is a mode, it will be the same as the median).

Message Edited by BobSki778 on 08-07-2008 01:15 PM

Message Edited by BobSki778 on 08-07-2008 01:16 PM

[DallasLoanGuy]

[Anonymous]

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@DallasLoanGuy wrote:

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Sorry, just showing my math geekiness.

[southernficoaddict]

You go BOB!  I had to learn all of that in clinical chemistry, but I forgot it all until your refresher course!

[DallasLoanGuy]

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@Anonymous wrote:

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@DallasLoanGuy wrote:

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Sorry, just showing my math geekiness.

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didn't yer momma tell you that it wasnt nice to 'whip that out' in public?