yes is it the median?
the mean
It is a measure of the middle or central value of a variable of interest. There are different measures of central tendency and their purposes are not exactly the same. However, the basic principle is that the observed values of the variable are more likely to be near the central tendency value than far from them. Some central tendency values cannot ever be observed. A normal number cube, for example, has a mean value of 3.5 but you cannot possibly throw a 3.5!
median
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.
Mean and median are the measures of central location that always have one value. This is true for a set of grouped or ungrouped data.
No, it isn't. Mean, median, and mode are the three most common measures of central location (although there are others). These measures of central location are attempts to find the middle value of a range.
yes is it the median?
The mean.
the mean
Difference (deviation) from the mean.
the mean %100
They are both called "measures of central tendencies" because they show something about a group of numbers and what value they are 'centered' around.
No, it is not, values typical of the data are always located at the extremes of all data frequencies.
Central TendencyIn central tendency the large group of data is grouped into a single value for effective business decision making.
It is a measure of the middle or central value of a variable of interest. There are different measures of central tendency and their purposes are not exactly the same. However, the basic principle is that the observed values of the variable are more likely to be near the central tendency value than far from them. Some central tendency values cannot ever be observed. A normal number cube, for example, has a mean value of 3.5 but you cannot possibly throw a 3.5!
The mean (average value), the median (middle value), and the mode (most frequently occurring value) are all important values.