median and mode
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!
Measures of central tendency, such as mean, median, and mode, summarize a dataset by identifying the central point or typical value. In contrast, measures of dispersion, such as range, variance, and standard deviation, describe the spread or variability of the data points around the central value. While central tendency provides an overview of where data points cluster, dispersion indicates how much the data varies, highlighting the degree of diversity or consistency within the dataset. Together, they offer a comprehensive understanding of the data's characteristics.
median
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
the mean %100
Difference (deviation) from the mean.
They are both called "measures of central tendencies" because they show something about a group of numbers and what value they are 'centered' around.
Averages are called measures of central tendency because they represent a central point or typical value within a dataset. They summarize a large set of data with a single value that reflects the general trend or distribution, making it easier to understand and compare different datasets. Common types of averages, such as the mean, median, and mode, provide insights into the overall behavior of the data, highlighting its central location.
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!