Median as a weighted arithmetic mean of all sample observations

It is generally held that median does not use all sample observations. However, median may be expressed as a weighted arithmetic mean of all sample observations. Some Monte Carlo studies have been conducted to show that the method works perfectly well. Citation: Mishra, SK, (2004) "Median as a weighted arithmetic mean of all sample observations." Economics Bulletin, Vol. 3, No. 17 pp. 1−3 Submitted: May 29, 2004. Accepted: June 1, 2004. URL: http://www.economicsbulletin.com/2004/volume3/EB−04C10009A.pdf Median as a Weighted Arithmetic Mean of All Sample Observations SK Mishra Dept. of Economics NEHU, Shillong