Discussion Board 2: Measures of Central Tendency
Based on your reading,
what are the strengths and weaknesses of the mean, mode, and
median? Give an example of when it might be a good idea
to use each one of the measures instead of the other, and explain
why.
What does a measure of central tendency indicate? describe the
important measures of central tendency pointing out the situation
when one measure is considered relatively appropriate in comparison
to other measures
1. Describe L'Oreal's integrated marketing strategy. What are
the strengths? Weaknesses? 2. Describe the function and
effectiveness of band ambassadors. What are some risks associated
with choosing a brand ambassador? 3. Why is it important to have a
story to tell when developing content marketing?
The three main measures of central tendency are the mean,
median, and mode. Each of these could be impacted in different ways
by an outlier that is distant from the other data points. Depending
on the data set that you are describing, you might choose to use
the mean, median, or mode to give a more accurate view of the
data.
Describe a situation where you might have an outlier in a data set.
How will this outlier impact the...
Compare and contrast the the three different measures of central
tendency. Provide an example of the most appropriate time to use
each measurement scale.
Discuss the three measures of central tendency. Give an example
for each that applies to the measure to a Radar / Speed Enforcement
and discusses how the measure is used. What are the advantages and
disadvantages for each of the three measures? How do outliers
affect each of these three measures? What are some options for
handling outliers?
Discuss the three measures of central tendency. Give an example
for each that applies to the measure to employee evaluation /
rating and discusses how the measure is used. What are the
advantages and disadvantages for each of the three measures? How do
outliers affect each of these three measures? What are some options
for handling outliers?
Discuss the three measures of central tendency. Give an example
for each that applies to a police officers production in writing
tickets and discusses how the measure is used. What are the
advantages and disadvantages for each of the three measures? How do
outliers affect each of these three measures? What are some options
for handling outliers?
1. Compare AND contrast the three measures of
central tendency: mean, median and mode. List THREE areas of
daily life o in which you think one of the mean, median, or mode
would be the best choice to describe an “average.”
2. Discuss the similarities AND differences of the
three ways of measuring data variation: (1) range, (2) standard
deviation, and (3) box-and-whisker plot.