The median is the middle value. Together with the range, averages are used to summarise data. The most appropriate average to use depends on the data values, and what conclusions need to be made.

The mean is the most commonly used measure of average. To find the mean of a list of numbers, add them all together and divide by how many numbers there are: \(\text{mean} = \frac{\text{sum of all the ...

Property market statistics make for great headlines, especially when they touch on soaring prices and shifting city rankings. But for investors it is vital to sift through the noise and hype to select ...