- Mean: a.k.a. “Simple average.” You get to it by adding up all of the components and then dividing by the number of components. The downside to it is that it’s easily affected by outliers.
- Median: It’s the medium number in an order data set. If n is the number of observations, the formula would be: (n+1)/2
- Mode: It’s the number that occurs most often,
Measures of Central Tendency: Mean, Median and Mode
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