Day-6 of Statistics ????

Exploring Measures of Central Tendency! ????

A measure of central tendency (also referred to as measures of Centre or central location) is a summary measure that attempts to describe a whole set of data with a single value representing the middle or center of its distribution.

There are three main measures of central tendency:

???? Mode

???? Median

???? Mean

Each of these measures provides a different indication of the typical or central value in the distribution.

? Mode

The mode is the most frequently occurring value in a distribution. It helps identify the most common data point.

? Median

The median is the middle value in a distribution when the values are arranged in ascending or descending order. It gives a central value that divides the dataset into two halves.

? Mean

The mean is the sum of all values in a dataset divided by the number of observations. This is also known as the arithmetic average and provides an overall central value of the dataset.

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