Resolved: uses of mean, mode and median.
could you please describe what are the uses of mode and median?
1 answers ( 1 marked as helpful)
Hi Mujeeb,
Mean, median, and mode are measures of central tendency. They give you an idea of how the data in a given dataset is distributed. The mean is the arithmetic average of all numbers. It is very useful because it indicates the average value in the dataset. However, the mean can be flawed because outliers might impact it significantly. The mode is the value that is observed most frequently in the distribution. This gives you an idea about the value that reoccurs most often in the dataset. The median is a value at the 50th percentile of the distribution.It disregards outliers and shows you what is in the middle of the distribution.
Hope this helps!
Best,
Ned
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