Mean or Median

Mean and median are similar concepts that help identify the average value of a sample and provide insight into the overall data.

Are there differences between these two measures?

Consider an example that compares the mean and median salaries of IT specialists, with a focus on the last individual who has the highest salary.

Conclusion

The mean value is more susceptible to extremely small or high values than the median. Therefore, when dealing with the values in a sequence that aren't similar, it is better to use the median. In our example, the mean value is twice as high as the median, making the median a more accurate representation.