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When analyzing ordinal data what is the median and going to tell me about my results?
I did a survey about remote working and included a likert scale where a person had to strongly agree to strongly disagree with the data. I was told because the data is ordinal that i should use the median and mode to analyze the results. But what is this going to tell me about the results by using the median and mode?
1 Answer
- ?Lv 72 months ago
It would tell you a great deal actually.
To give an example, let's say a lot of homes are sold for 10,000 and 1 home for 10,000,000.
The average might be 100,000 but the mode would be 10,000. Quite a difference!