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Explain the uses of median.

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Owing to the fact that calculation process of median is simple and easy, it is very useful from a practical viewpoint. Median is used for distribution of wealth and property. Median has great utility in analysis of social problems. Median is extremely useful in measurement of attribute aspects, i.e., health, poverty, intelligence, etc. The use of median is suitable where values do not have to be weighted. The dividing values(especially quadrants) are widely used in measuring divergence and skew.

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