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What are the advantages and disadvantages of measures of central tendency?
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.
Which is the most stable measure of central tendency?
Stability means that there will be less variation between random samples drawn on the same population. With categorical data, you may not have a choice, the mode is the only measure of central tendency that will be meaningful. With measureable, numerical data, the mean may be the only meaningful measure of central tendency, even though the median may show less variation. Some data may be assumed to have a skewed distribution, such as the price of homes, or incomes. The more stable and meaningful value for skewed distributions is the median, as a few high numbers can have a large impact on the estimate. See related links. You can find more information on central tendency by doing a search on the internet.
Which statements accurately describes the measures of central tendency?
"Measures of central tendency are statistical measures." is an accurate statement.
Which measure of central tendency will the sum of the deviations always be zero?
For which measure of central tendency will the sum of the deviations always be zero?
Advantages of Central Tendency?
In central tendency the large group of data is grouped into a single value for effective business decision making. by "saiprasadbabu"
