Comparative Features of Mean, Median, Mode; Key Differences Between Mean, Median and Mode
🚩Timestamps:-
00:02 Session Agenda
00:44 Comparative Features of Mean, Median, Mode
06:19 Key Differences Between Mean, Median and Mode
13:34 Concluding Remarks
Learning
Outcomes:-
Through this module, you will gain understanding on:-
● Comparative Features of Mean, Median, Mode
(Key Differences Between Mean, Median and Mode)
Comparative Features
of Mean, Median, Mode -
(1) Mean and median can always be estimated with certainty but not the mode.
(2) Median and mode are located in the middle of the frequency distribution, the mean may not be.
(3) It is difficult to calculate mode as compared to mean and median.
(4) Median and mode are not based on all the items of the distribution but mean is based on all the items of the distribution.
(5) Arithmetic examination of mean is possible. But it is not possible in the case of median and mode.
(6) Selection of a sample influences the mean but not the median and mode.
(7) Mean is influenced by the highest and the lowest items of the series. However, median and mode are not influenced by them.
(8) Median and mode can be graphically located, but not the mean unless it is a situation of normal distribution.
Key Differences Between
Mean, Median and Mode -
*ACKNOWLEDGEMENT
What is the Key Difference Between Mean, Median and Mode?
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Comparative Features of Mean, Median, Mode; Key Differences Between Mean, Median and Mode | mode class 11 economics, mode formula, mode class 11, mode kaise nikale, what is mode, mode mean median | Measures of Central Tendency: Median and Mode | 11th Commerce | by @statomics11comm
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Ch 10 - (MODE) Measures of Central Tendency: Median, Mode
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