What is Mean? Median? Mode? why they are used?
Mean: Its nothing but Average. Well, what is Average? When you see some scoring Not Higher, Not Lower, but medium marks like 50, 60 etc.. we call them average student. Example : Now, I have 5 Students Marks: 10,40,51,68,98 What is the Average mark of this 5 Students? 53.4 is the Average score of 5 students. How this is calculated? (10+40+51+68+98) / Number of values. How many values I have? 10,40,51,68,98 - I have 5 Values. So, (10+40+51+68+98) / 5 267 / 5 = 53. 4 Mode: It is the number that is repeating more times in the group of numbers. Example: I have money in my Pocket. 1 - 500 rupees Note, 3 - 100 Rupees Note, 7 - 20 Rupees Note. Now, tell me which Note I have the Most? 20 Rupees Right? because I have 7 20 rupees Notes. Exactly, that is how we check Mode. If you are given data with numbers (1,2,3,4,5,5,5,5,5,5,6,7,8,9) You know which is Mode. It is 5, because it is the most available number in this group. Median: It is the central Point of data. You a...