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Central TendencyIn central tendency the large group of data is grouped into a single value for

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.

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