Uses and limitation for Mean, Median & Mode The humble, medial encour era and expressive style argon banknotes of central tendency within a statistical distribution of numerical values. The mean is more commonly know as the aver fester. The median is the mid-point in a distribution of values among cases, with an equal piece of cases above and below the median. The mode is the value that occurs most often in the distribution. Mean The mean is calculated by adding the value of distributively individual relic in a group and dividing it by the total numeral of items in the group. For example, if you be at concourse of 10 plenty, and the aggregate of the ages of all attendees is 420, the mean age of the attendees is 420 dual-lane by 10, or 42. The mean is used mostly as a world-wide indicator for data, and works best when at that place argon not a lot of outliers. For example, there is no demeanor of knowing in this example whether some of the members are 90 and some are 5, or if all members are in their 40s. Use the mean to describe the middle of a set up of data that does not have an outlier. Advantages:     Most habitual measure in fields such as business, engineering and computer science.    It is unique there is only one answer.    effectual when compare sets of data. Disadvantages:   Affected by extreme values (outliers) Median The median is the value that is the mid-point of a group of values, having an equal number of items in the group above and below it. For instance, in a break with five wad aged 23, 25, 37, 44 and 87, the median age is 37, as there are an equal number of individuals ripened and younger than 37. The median is used where strong outliers may orientate the representation of the group, such as with incomes. If you have one individual who earns $1 billion a year and nine incompatible people who earn under $100,000 a year, the mean income for people in the group wo uld be around $100 million, a gross distorti! on. The median income would be under $100,000, more final stage representing the situation of the majority of the...If you want to get a debauched essay, order it on our website: OrderCustomPaper.com
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