Question

In: Statistics and Probability

An average is an attempt to summarize a collection of data into just one number. Discuss...

An average is an attempt to summarize a collection of data into just one number. Discuss how the mean, median, and mode all represent averages on this context. Also discuss the differences among these averages. Why is the mean a balance point? Why is the median a midway point? Why is the most common data point? List three areas of daily life in which you think one of the mean, median or mode would be the best choice to describe an “average.”

WRITE IN TEXT! NOT IN IMAGE TEXT!!! I cant read some of your handwriten words so plz write in text!!

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Expert Solution

Answer :

  1. A proportion of focal propensity is a solitary esteem that depicts a lot of information by recognizing the focal position in set of information.
  2. The mean, middle and mode are on the whole substantial proportions of focal propensity, yet under different conditions, a few proportions of focal inclination become more suitable than others.
  3. The mean (or basically normal) is the most well known proportion of focal propensity. It is utilized with both discrete and ceaseless information.
  4. The mean is equivalent to the whole of the considerable number of qualities in the informational collection separated by the quantity of qualities in the informational collection. It is exceedingly influenced by the skewed information.
  5. The middle is the center score for a lot of information that has been orchestrated arranged by size. The middle is less influenced by anomalies and skewed information.
  6. The mode is the most regular score in our informational index.

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