How do you determine average or median multiple?

You figure out average or median multiple by looking at numbers and finding what’s typical, like deciding how many jellybeans are usually in a jar.

Average multiple is like taking all the jellybeans from several jars, adding them up, and dividing by how many jars there are. It tells you the average number of jellybeans per jar. For example, if one jar has 10 jellybeans, another has 20, and a third has 30, the average is (10 + 20 + 30) ÷ 3 = 40 jellybeans.

Median multiple is like lining up all the jars from smallest to largest and picking the one in the middle. If there are three jars with 10, 20, and 30 jellybeans, the median is 20 jellybeans, because that’s the one right in the center.

If there are an even number of jars, say two jars with 10 and 30 jellybeans, you pick the average of the two middle ones. So (10 + 30) ÷ 2 = 20 jellybeans again.

It's like deciding how many toys your friends usually have, some might have more, some less, but average or median helps find what’s normal.