[jQuery] How to display Select menu value in DIV?

[Doover]

Hi. I'm new to jQuery and wonder how I can make a DIV automatically
updated with the selected value from a select menu? The DIV should be
updated onchange.

I've tried the .serialize method but it displays a whole phrase (I
just want the value).

<select id="menu" name="menu">
<option value="1" selected="selected">One</option>
<option value="2">Two</option>
<option value="3">Three</option>
<option value="4">Four</option>
<option value="5">Five</option>
</select>

<div id="result"></div>



Thank you a lot.