Measure of Central Tendency
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Measure of Central Tendency
https://www.linkedin.com/in/ravi-ranjan-p #1: Measure of Central TendencyA measure of central tendency is a summary statistic that represents the cent Measure of Central Tendencyter point or typical value of a dataset. These measures indicate where most values in a distribution fall and are also referred to as the central location of a distribution. It can bethought as the tendency of data to cluster around a middle value.https://www.linkedin.com/in/ravi-ranjan-prasad-karn/ Measure of Central TendencyThe following are the various measures of central tendency:1Arithmetic Mean2Weighted Mean3Median4Mode5Geometric Mean6Harmonic MeanhashtagttstatisticsMeasure of Central Tendency
hashtagttstatisticsfordatascience#2: Some Symbols used in Statisticshashtagttstatistics hashtagttstatisticsfordatasciencehttps://www.linkedin.com/in/rhttps://www.linkedin.com/in/ravi-ranjan-p #1: Measure of Central TendencyA measure of central tendency is a summary statistic that represents the cent Measure of Central TendencyTo facilitate comparison4Helpful in further statistical analysishashtagttstatistics hashtagttstatisticsfordatascience#4:Properties of a Good Average1It should be simple to understand2It should be easy to calculate3It should be rigidly defined4It should be liable for algebraic manipulations5It should Measure of Central Tendency be least affected by sampling fluctuations6It should be based on all the observations7It should be possible to calculate even for open-end class inteMeasure of Central Tendency
rvals8It should not be affected by extremely small or extremely large observationhashtagttstatistics hashtagttstatisticsfordatascience#5:Properties ofhttps://www.linkedin.com/in/ravi-ranjan-p #1: Measure of Central TendencyA measure of central tendency is a summary statistic that represents the cent Measure of Central Tendencyom mean is least in comparison to the same taken from any other average.Property 3: Arithmetic mean is affected by both the change of origin and scale.hashtagttstatistics hashtagttstatisticsfordatascience Measure of Central Tendencyhttps://www.linkedin.com/in/ravi-ranjan-p #1: Measure of Central TendencyA measure of central tendency is a summary statistic that represents the centGọi ngay
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