NoMarketin Local Currency

1 Germany -44.05%

3 Finland -41.65%

5 Ireland -38.97%

6 Netherlands -34.27%

15 The notation Md is occasionally used for the median. Just as for the mean, we may distinguish between a population median and a sample median. With the understanding that a population median divides a population in half while a sample median divides a sample in half, we follow general usage in using the term "median" without qualification, for the sake of brevity.

7

France

-33.99%

8

Norway

-29.73%

9

Belgium

-29.71%

10

Denmark

-29.67%

11

Spain

-29.47%

12

Portugal

-28.29%

13

Switzerland

-25.84%

14

United Kingdom

-25.66%

15

Italy

-23.64%

16

Austria

-2.97%

Source: www.mscidata.com

Source: www.mscidata.com

Using a context that arises often in practice, Example 3-4 shows how to use the mean and median in a sample with extreme values.

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