The measures of central tendency are mean, median, and mode. They help us find out the center of the distribution. The measures of central tendency are used to define the center of gravity of a dataset we are working with.
Some other related topics you might be interested to explore are Mean, Median, Mode, Variance and Standard Deviation, Skewness, and Kurtosis.
This is an open-access Excel template in XLSX format that will be useful for anyone who wants to work as a Statistician, Data Analyst, Data Scientist, or Asset Manager.
You can now download the Excel template for free.
Measures of Central Tendency are among the topics included in the Quantitative Methods module of the CFA Level 1 Curriculum.
