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📊 Statistics

Mean, Median, Mode & Range

These are the four primary measures of central tendency and spread in statistics. They help summarize Large sets of data into single, understandable numbers.

Definitions

  • Mean (Average): Sum of all values divided by the count. Best for data without extreme outliers.
  • Median: The middle value when sorted. Better than mean if data is skewed (e.g., income/salary data).
  • Mode: The most frequently occurring value. Useful for categorical data (e.g., most popular shoe size).
  • Range: Difference between the highest and lowest values. Shows spread.

Example

Dataset: {2, 5, 8, 5, 10}

FAQ

Can there be more than one Mode?

Yes. If two values appear with equal highest frequency, the dataset is "Bi-modal". If more than two, it is "Multi-modal".