What are some of the strengths and weaknesses associated with measures of central tendency to describe the average income of people across the United States?
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When we're talking about measures of central tendency there are three measures that we consider: mean, median, and mode. Because of the way that each of these measures are found, there is potential for the data to appear skewed.
"Average" is typically used to describe the mean. This is found by adding all of the data points together, and dividing by the number of data points. The advantage of using this is that most people are comfortable with seeing the word "average" - ...
This provides examples of strengths and weaknesses with using measures of central tendency.