effective business decision making.
Three common measures of central tendency are the mean, median and the mode. They are measures in that they tell how how far any given value is from the center of a set of data. For example, the mean is commonly known as the average. Lets say you have the test scores, 25%, 50% , 75% and 100% You wonder how your 50% is compared to the mean? Since the mean is 62.5, you performed "below average." So that measure of central tendency measured how far you were from average. The others do the same thing.
"Measures of central tendency are statistical measures." is an accurate statement.
well...the measures of the central tendency would be 30 minutes
mode
One advantage to using central tendency is the fact that is represents all data. A disadvantage to using central tendency is the fact that extremes can skew the data.
Because it measures the averages of a collection of data
"What are the benefits of measures of central tendency? Explain with an example
Benefits of Central Tendency
"Measures of central tendency are statistical measures." is an accurate statement.
One of the measures of central tendency IS the average, also known as mean. You can't calculate the average from other measures of central tendency.
easures of central tendency
The mean of 9 is 9. The median of 9 is 9. The mode of 9 is 9. These are the commonest measures of central tendency.
well...the measures of the central tendency would be 30 minutes
None. Measures of central tendency are not significantly affected by the spread or dispersion of data.
difference
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The mean and median are two measures of central tendency. In introductory statistics many schools include the mode as another example of central tendency but the mode could well be at the end of a distribution.
Common measures of central tendency are the mean, median, mode. Common measures of dispersion are range, interquartile range, variance, standard deviation.