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Technology Stocks : Qwest Communications (Q) (formerly QWST)
Q 81.59-2.9%Dec 31 3:59 PM EST
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To: mfgrep who wrote (3807)5/19/1999 3:19:00 PM
From: SJS  Read Replies (1) of 6846
 
Jason,

Median, Mean (or average, same thing) and Mode are three arithmetic tools to use on samples.

1) Mean or average is well know. Add up all the samples and divide by the number of the sample.
2) Median is the "middle" value in the sample range. Put them all in highest to lowest order and find the middle value (sample size/2) element.
3) Mode is the sample value that occurs most often. Ususally seen best with a histogram.

I think the mode is much better way to see the true trade size today, or any day.

Regards,

Steve
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