Mean median mode, Standard deviation
Please explain the following:
The difference between mean, median and mode,
When each is appropriate to use,
The relationship between variance and standard deviation,
Why both measures are necessary,
The relationship of these measures to estimation theory.
Use the Sample Data to illustrate your points (ATTACHED).
Create a table on one slide showing the results of the six calculations for each of the three variables.
This question has the following supporting file(s):
Calculation of mean, median, mode and standard deviation.
This answer includes:
- Plain text
- Cited sources when necessary
- Attached file(s)