Naturally, it is an unacceptable logical blunder to consider that different types of statistical averages, such as mean, median, mode and/or range, are not widely used in various spheres of study, which are not based on math and statistics. On the contrary, profound understanding of the main characteristics of these types of averages and methods of their calculation are necessary for any educated person. For example, it can be effective to represent the entire data series by using a single value, which characterizes the ‘average’ value of the entire series when analyzing diverse large data sets. In other words, in order to simplify cumbersome computations, indicate the main properties of the data set and/or determine the main elements of the data set we can determine the so-called central tendency.
Main
