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What is Mean Median and Mode? | How to Calculate Median? | Mean Median Mode | Statistics Tutorial 2018
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If you have lots of data, what is the one thing that will tell us about the data? if you have lakhs and lakhs of data, and we want to tell someone in one word, what would that be? so the first basic thing would be ‘measures of central tendency’ they are three of them, Mean, Median, and Mode
Hello and Welcome to Statistics tutorial powered by Acadgild. This is a part Data Science Tutorial that deals with the concepts of statistics. So, let’s discuss about Mean, Median, Mode.
After completing this tutorial, you will be able to learn,
• What is Mean?
• What is Median?
• What is Mode?
• How to calculate mean?
• How to calculate median?
• How to calculate mode?
• Mean Vs. Mode
Things to remember:
• If the histogram of the data is right-skewed then large sample values tend to inflate the mean
• If the distribution is skewed then the median is not influenced by large sample values and is a better measure of centrality.
Note: If mean = median = Mode then the data are said to be symmetrical.
Go through the entire video to learn more about Mean median mode. And stay tuned for next session.
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