Discusses the importance of finding the mean,the median, and the mode. 

Discusses the importance of finding the mean,the median, and the mode.

One of the most important concepts to understand in introductory statistics and in Quantitative Business Analysis is how to find “middle” of a set of data.  This is often done using the mean,the median, and the mode.
Click here>> https://www.khanacademy.org/math/ap-statistics/summarizing-quantitative-data-  ap/measuring center quantitative/v/statistics-intro-mean-median-and-mode to watch the video,
which discusses the importance of finding the “middle” of a set of data.

Your assignment has two parts.
Each measure of the "middle" (the mean, the mode, and the median) has its strengths and
weaknesses.  In 75-150 words, use everyday examples from home to identify cases where 2 of
these measures would be good or bad.  Use complete sentences, please don’t plagiarize.

 

Answer preview:

Mean median and mode

Words:266