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Descriptive statistics and probability - Measures of central tendency | 11th Business Mathematics and Statistics(EMS) : Chapter 8 : Descriptive statistics and probability

Chapter: 11th Business Mathematics and Statistics(EMS) : Chapter 8 : Descriptive statistics and probability

Measures of central tendency

One of the most important objectives of Statistical analysis is to get one single value that describes the characteristic of the entire value for data.

Measures of central tendency

Introduction:

One of the most important objectives of Statistical analysis is to get one single value that describes the characteristic of the entire value for data. Such a value represent the measure of central tendency for the complete data. The word average is very commonly used in day-to-day conversation. For example, we often talk of average boy in a class, average height or average life of an Indian, average income, etc. Sir Ronald Fisher who is known to be a father of statistics and he made his pioneering contributions in the applications of statistics in various disciplines.


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11th Business Mathematics and Statistics(EMS) : Chapter 8 : Descriptive statistics and probability : Measures of central tendency | Descriptive statistics and probability

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11th Business Mathematics and Statistics(EMS) : Chapter 8 : Descriptive statistics and probability


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