Glossaria.net

Glossary Supply Chain / Term

median

The middle value in a group of ranked values that has an equal number of values both above and below it. It indicates the centerline of a distribution, while the mean, or average, can be skewed by a single high or low value.

Permanent link median - Creation date 2021-11-03


< mean time between failures (MTBF) Glossary / Supply Chain message filter >