median

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Median

In a data set, the value that half the data points fall below and half the data points fall above. It is used along with the mean; it is not as influenced by extreme values as the mean.

median

The middle number of a series. See also mean, which includes examples.

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A firm is classified as a high OCF (low OCF) firm if its pre-crisis period average OCF is higher (lower) than the sample median.
Product market competition and financial decisions during a financial crisis
Despite the similarity of some subgroups with the sample median, the median returns of the remaining subgroups differed more substantially (especially for trips placing a different number of sets or landing in a different region).
Reported trip costs, gross revenues, and net returns for U.S. Atlantic pelagic longline vessels
The RMSE of the sample median is 10 percent lower than that of the sample mean (the variance is 20 percent lower).
Measuring short-run inflation for central bankers
To test our power-innovation hypothesis, we split the sample into two subsamples each year based on whether the firm's Patents is above (Model 2) or below (Model 3) the sample median of firms with nonmissing Patents for that year.
CEO power and firm performance under pressure
The sample median [mathematical expression not reproducible] is a robust alternative to the sample mean [[bar.
On Median-Based Discriminant Analysis
it] = 1 if growth rate (GROWTH) for firm i in year t is above the sample median, and 0 if otherwise.
The effect of the firm's monopoly power on the earnings response coefficient
bi] is computed by using the biweight function, [psi](*), but with the sample median used for location and MAD/0.
A robust approach to reference interval estimation and evaluation
High-profitability firms are those whose profitability ratio is above the sample median, and low-profitability firms are those whose profitability ratio is below the sample median.
The wealth effect of Japanese-US strategic alliances
5000 operating income before accretion expense * Alpha level provides the statistical significance of a one sample median test comparing the values for the firms in the low-leverage group to the median for the high-leverage group.
Company characteristics and the use of SFAS NO. 143 to effect earnings management
12 1) RISKit = 1 if the systematic risk of common stock for firm i in year t is above sample median, and 0 otherwise GROWit= 1 if growth (ratio of market value to book value of equity) for firm i in year t is above sample median, and 0 otherwise.
The effect of the firm's monopoly power on the earnings response coefficient

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