It all depends on the shape of the distribution. An asymmetrical distribution can create big differences between the median and average even in very large samples. A good example is home prices - extremely long tail on the high end, which creates big differences between median price and average price.
It all depends on the shape of the distribution. An asymmetrical distribution can create big differences between the median and average even in very large samples. A good example is home prices - extremely long tail on the high end, which creates big differences between median price and average price.
It all depends on the shape of the distribution. An asymmetrical distribution can create big differences between the median and average even in very large samples. A good example is home prices - extremely long tail on the high end, which creates big differences between median price and average price.