The mean or average value is often used as the representation of a list of numbers when in fact another measure, the median, which is the middle value of the list, is more appropriate. This principle of “middle” is more general and has several other applications—from location to inventory problems.
CITATION STYLE
Lowe, T. J., & Chhajed, D. (2008). The median principle. In International Series in Operations Research and Management Science (Vol. 115, pp. 101–114). Springer New York LLC. https://doi.org/10.1007/978-0-387-73699-0_6
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