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Measures of central tendency: The mean (often called the
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The mean (often called the average) is most likely the measure of central tendency that you are most familiar with, but there are others, such as the median and the mode. The mean, median and mode are all valid measures of central tendency , but under different conditions, some measures of central tendency become more appropriate to use than others. Measures of central tendency are numerical indices of statistical data that are generally indicative of the center, middle or representative of a data set. Understanding data is crucial in statistics, business, and research. One of the fundamental concepts in data analysis is measures of central tendency , which help summarize a dataset with a single representative value. The three main measures of central tendency are Mean, Median, and Mode. These metrics provide valuable insights into the ... A simple explanation of measures of central tendency in statistics, including several examples.
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