The median of a set of numbers is the value separating the higher half from the lower half of a data sample, a population, or a probability distribution. For a data set, it may be thought of as the “middle" value.
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Mean, median, and mode are different measures of center in a numerical data set. They each try to summarize a dataset with a single number to represent a "typical" data point from the dataset.
The median is the middle value of the dataset when arranged in ascending or descending order. If the dataset has an odd number of values, the median is the middle value. If the dataset has an even number of values, the median is the average of the two middle values.
Median represents the middle value for any group. It is the point at which half the data is more and half the data is less. Median helps to represent a large number of data points with a single data point. The median is the easiest statistical measure to calculate.