What is the difference between mean, median, and mode?

Mean, median, and mode are three measures of central tendency that are commonly used in statistics. The mean is the average of a set of numbers and is calculated by adding up all of the numbers and dividing the sum by the total number of numbers. The median is the middle value in a set of numbers and is calculated by arranging the numbers in order and finding the value that is exactly in the middle. The mode is the value that appears most frequently in a set of numbers. The mean is the most commonly used measure of central tendency, but the median and mode can provide additional information in cases where the data is skewed or contains outliers.
This mind map was published on 19 April 2023 and has been viewed 70 times.

You May Also Like

How can a software developer showcase their 3D work online?

What is the purpose of the Jaggai Naapjaanch Ain 2019?

How do unconventional monetary policies affect an economy?

What are the steps to create a KPI for project management?

What is algebra?

What is calculus?

What is probability?

What is correlation?

What is the Pythagorean theorem?

What is a statistical hypothesis?

What are logarithms?

What is linear regression?