Merit And Demerit Of Central Tendency Pdf

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Statistics have always been a topic of mystery for a lot of individuals, while others have there own bright ideas when it comes to the use of this science. As we know, the most common statistical parameters are easy to understand and decipher, though there are some nuances that we need to keep in mind while using these parameters.

Merits of Median and Demerits

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Advantages and disadvantages of measures of central tendency

In any research, enormous data is collected and, to describe it meaningfully, one needs to summarise the same. The bulkiness of the data can be reduced by organising it into a frequency table or histogram. These measures may also help in the comparison of data. The mean, median and mode are the three commonly used measures of central tendency. Mean is the most commonly used measure of central tendency. There are different types of mean, viz. If mentioned without an adjective as mean , it generally refers to the arithmetic mean.

Arithmetic Average Advantages and Disadvantages

In statistics , a central tendency or measure of central tendency is a central or typical value for a probability distribution. Colloquially, measures of central tendency are often called averages. The term central tendency dates from the late s. The most common measures of central tendency are the arithmetic mean , the median , and the mode.

A measure of central tendency is a value that is typical of a data set. Any measure of central tendency is considered to be representative of a whole data set or distribution; so by itself, it provides a description or summary of the data set as a whole. A conceptual understanding of measures of central tendency is basic to understand many aspects of educational measurement and thus essential for inclusion in this resource book. This entry defines and describes the most commonly used measures of central tendency and presents some advantages and disadvantages of using each one. The mean, median, and mode are the most commonly used measures of central tendency.

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4 Response
  1. Fiorel M.

    Arithmetic average, or arithmetic mean , or just mean , is probably the simplest tool in statistics, designed to measure central tendency in a data set which can be a group of stocks or returns of a stock in particular years.

  2. Pierpont M.

    These solutions for Measures Of Central Tendency are extremely popular among Class 11 Commerce students for Economics Measures Of Central Tendency Solutions come handy for quickly completing your homework and preparing for exams.

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