Purchase Solution

Mean median mode, Standard deviation

Not what you're looking for?

Ask Custom Question

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.

Purchase this Solution

Solution Summary

Calculation of mean, median, mode and standard deviation.

Solution Preview

Please see the attached file.

Illustrations are done in Excel Sheet.

Some information about scale of measurements are also included for better understanding of central tendency

Answer

The term central tendency refers to the "middle" value or perhaps a typical value of the data, and is measured using the mean, median, or mode. Each of these measures is calculated differently, and the one that is best to use depends upon the situation.

Mean
The mean is the most commonly-used measure of central tendency. When we talk about an "average", we usually are referring to the mean. The mean is simply the sum of the values divided by the total number of items in the set. The result is referred to as the arithmetic mean. Sometimes it is useful to give more weighting to certain data points, in ...

Purchase this Solution


Free BrainMass Quizzes
Measures of Central Tendency

Tests knowledge of the three main measures of central tendency, including some simple calculation questions.

Know Your Statistical Concepts

Each question is a choice-summary multiple choice question that presents you with a statistical concept and then 4 numbered statements. You must decide which (if any) of the numbered statements is/are true as they relate to the statistical concept.

Terms and Definitions for Statistics

This quiz covers basic terms and definitions of statistics.

Measures of Central Tendency

This quiz evaluates the students understanding of the measures of central tendency seen in statistics. This quiz is specifically designed to incorporate the measures of central tendency as they relate to psychological research.