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State with reasons whether you agree or disagree with the following statement:

Median is also known as the second quartile.

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Yes, I agree with the statement. 

  • Median is the middlemost value in the arranged data. 
  • It is the value that divides the series into two equal parts, so that the number of items above it, is equal to the number of items below it. 
  • It is not affected by extreme values.
  • Median = n/2 and Q = 2 (n/4) i.e n/2. 
  • Therefore, the Median is equal to the second quartile.

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