Question

what is Importance of Central Tendency in business in own words​

Answer 1

Answer:

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Explanation:

The measures of central tendency allow researchers to determine the typical numerical point in a set of data. The data points of any sample are distributed on a range from lowest value to the highest value. Measures of central tendency tell researchers where the center value lies in the distribution of data.

Answer 2

Answer:

The central tendency helps in condensing the large data into a single value that represents the entire data set. Thus, central tendency is very useful when the data under study is very large. A measure of central tendency also helps in comparing one data set with another.