What is the mean, median, and mode?
A measure of central tendency describes a set of data by identifying the central position in the data set as a single value.
Answer: In statistics, the three most common measures of central tendencies are Mean, Median and Mode.
Mean, median, and mode are the measures of central tendencies.
- Mean is simply the sum of all the components in a group or collection, divided by the number of components.
- The value of the middle-most observation obtained after arranging the data in ascending order is called the median of the data.
- The most repeated value of a data set is called the mode of the data.
- The empirical relationship between mean, median, and mode is: (Mean – Mode) = 3 (Mean – Median)