QUANTITATIVE: MEAN,MEDIAN,MODE Flashcards
Layman’s concept of average
Mean
It is sensitive to extreme values
Mean
It is used especially when other statistical
techniques like testing of hypotheses are to be applied to the data.
Mean
The middlemost observation in a set of data arranged in numerical order
Median
It is not sensitive to extreme values
Median
It is used when distribution is markedly skewed
Median
The most frequently occurring value among the observations
Mode
Unaffected by extreme values
Mode
Not used in higher statistical analysis
Mode
Used for continuous and symmetric data
Mean
Used for ordinal data or for a numerical data whose distribution is skewed
Median
Dealing with ordinal data
Median
Used primarily for bimodal distributions
Mode
The least used of the measures of central tendency
Mode
Can only be used when dealing with nominal data
Mode