Explore BrainMass
Share

Explore BrainMass

    Mode, Mean, or Median: which is more important?

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    From a business perspective, which measurement is more important the Mode, the Mean, or the Median? Provide examples (business related) that demonstrate the appropriateness of one of these measures and the inappropriateness of the other two in a particular situation.
    Can you think of situations where another one of the measures is more appropriate or relevant?

    © BrainMass Inc. brainmass.com October 10, 2019, 2:33 am ad1c9bdddf
    https://brainmass.com/business/business-math/mode-mean-or-median-which-is-more-important-382734

    Solution Summary

    A Complete, Neat and Step-by-step Solution is provided in the attached file.

    $2.19