[📊] Statistics 101

Question 1

Advantages of mean

Answer 1

Includes all data values in the calculation

Question 2

Disadvantages of mean

Answer 2

It is affected by outliers

Question 3

Advantages of median

Answer 3

Isn’t affected by outliers

Question 4

Disadvantages of median

Answer 4

Does not include all data values

Question 5

Advantages of mode

Answer 5

Isn’t affected by outliers,
Can be used for qualitative data

Question 6

Disadvantages of mode

Answer 6

Inappropriate for small data sets
Useless for data values that are all different