Conclusion – Mean, Median and Mode
Mean, Median and Mode are the measure of central tendency which helps us analyze and interpret data across various fields. Mean, often used as the arithmetic average, is sensitive to extreme values. On the other hand, the median, representing the middle value of any dataset. Meanwhile, the mode, indicating the most frequently occurring value.
Mean, Median and Mode
Mean, Median, and Mode are measures of the central tendency. These values are used to define the various parameters of the given data set. The measure of central tendency (Mean, Median, and Mode) gives useful insights about the data studied, these are used to study any type of data such as the average salary of employees in an organization, the median age of any class, the number of people who plays cricket in a sports club, etc.
Let’s learn more about the Mean, Median, and Mode Formulas, Examples, and FAQs in this article.
Table of Content
- Measures of Central Tendency
- What are Mean, Median, and Mode?
- What is Mean?
- What is Median?
- What is Mode?
- Symbol of Mode
- Relation between Mean Median Mode
- What is Range?
- Differences between Mean, Median and Mode
Contact Us