what will median, mode, range and mean tell me?
The median, mode, range, and mean are measures of central tendency and variability that can help to describe and summarize a set of data.
- The median is the middle value of a set of data arranged in order from smallest to largest. It is useful when there are extreme values that might distort the mean.
- The mode is the most frequently occurring value in a set of data. It is useful when analyzing categorical data and when looking for the value that best represents a typical response.
- The range is the difference between the largest and smallest values in a set of data. It gives an indication of how spread out the data is.
- The mean is the sum of all the values in a set of data divided by the number of values. It gives an indication of the average value in the set.
These measures can give important insights into the distribution and characteristics of a set of data and can be used to make comparisons and draw conclusions.