What is measure of location?
Measures of location summarize a list of numbers by a “typical” value. The three most common measures of location are the mean, the median, and the mode. The mean is the sum of the values, divided by the number of values. The median is the middle value in the sorted list.Click to see full answer….
Measures of location summarize a list of numbers by a “typical” value. The three most common measures of location are the mean, the median, and the mode. The mean is the sum of the values, divided by the number of values. The median is the middle value in the sorted list.Click to see full answer. Considering this, what is measure of location and dispersion?A measure of central location is the single value that best represents a characteristic such as age or height of a group of persons. A measure of dispersion quantifies how much persons in the group vary from each other and from our measure of central location.Likewise, what is a measure of spread? Measures of spread describe how similar or varied the set of observed values are for a particular variable (data item). Measures of spread include the range, quartiles and the interquartile range, variance and standard deviation. In this regard, what is the best measure of location mean or median? Summary of when to use the mean, median and mode Type of Variable Best measure of central tendency Nominal Mode Ordinal Median Interval/Ratio (not skewed) Mean Interval/Ratio (skewed) Median Which measure of location is affected by extreme value? median
