Saturday, 12 December 2015

Unit 4 sec 3.3 Mean versus median

Unit 4 sec 3.3 Mean versus median
11 December 2015
23:11

You might be thinking it is very well being told how to calculate two different measures of location, but which should you use and when? Well, it has already been suggested that there is no simple university applicable answer to the question. But there are a few advantages and disadvantages of one measure compared with the others.

   In practice, both the mean and median are widely used. They give similar results, but can sometimes differ considerably. Typically, when the values of the dataset of the two orders of one or other end of the range of values, there are large differences between the mean and the median. For this reason, the median, rather than the me tends to be used for summarising earnings. Where the values are symmetrically spread, there will be little difference between the values of the two summarises, in which case it will not matter much which one is chosen.

   To sum up this section, we have discussed summarising a dataset by measuring its location, is a number that might be thought of as “average” “typical” or “central” value. Two Particular measures of location were looked at in detail: the mean and the median. The meaning of a set of numbers is found by adding all the numbers together and dividing by how many numbers there are. To find the median, first sort the data in order of size stop. If there is an odd number of data values, the median is the middle value. If there is an even number of data values, the media is defined as the mean of the middle two values. The mean and median are two measures of location that were used as part of an initial study of the probability words dataset. By comparing them, you were able to give support to the notion that the word “probably” seems to indicate a higher degree of likelihood than the words possible.

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