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Explain in Detail :Concept of Arithmetic Mean Median Mode
The arithmetic mean, median and mode are all measures of central tendency. The arithmetic mean is the most common measure of central tendency. The median is the measure of central tendency that is used when the data is not symmetrical. The mode is the measure of central tendency that is used when the data is not evenly distributed.
Finding Arithmetic Mean
The arithmetic mean is the average of a set of numbers. The mean is calculated by adding the numbers together and dividing by the number of items in the set.
For example, the mean of the numbers 1, 2, and 3 is 2.
The Arithmetic Mean Formula in Statistics is –
The arithmetic mean formula is used to calculate the mean or average of a set of numbers. The arithmetic mean is calculated by adding together all of the numbers in the set and then dividing by the number of numbers in the set.