Measures of central tendancy Flashcards

1
Q

Mode

A
  • Mode is the most common value (least useful).
  • The smaller the range, the more accurate the mode.
  • It takes into account anomalies but the mode can be two values.
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2
Q

Median

A
  • The middle value of the data (ranked) but has no mathematical properties.
  • The median is easy but the data has to be ordered for it to work.
  • It can’t be used to compare several data sets as the range will differ between sets, but if the highest and lowest figures are the same it could be useful.
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3
Q

Mean

A
  • The mean is the average.
  • It is the most useful method but it requires a calculation, and it is unrepresentative is an anomaly is present.
  • The larger the data set, the less accurate the mean is.
  • The mean allows conclusions to be drawn.
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