Economy, asked by CHITRA2009, 2 months ago

Which average out of mean, median and mode is the best average? Write any three points

in support of your answer

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Answers

Answered by VSAWANT
0

Answer:

The term 'average' refers to the ‘middle’ or ‘central’ point. When used in mathematics, the term refers to a number that is a typical representation of a group of numbers (or data set). Averages can be calculated in different ways - this page covers the mean, median and mode. We include an averages calculator, and an explanation and examples of each type of average.

The most widely used method of calculating an average is the ‘mean’. When the term ‘average’ is used in a mathematical sense, it usually refers to the mean, especially when no other information is given.

Quick Guide:

To calculate the Mean

Add the numbers together and divide by the number of numbers.

(The sum of values divided by the number of values).

To determine the Median

Arrange the numbers in order, find the middle number.

(The middle value when the values are ranked).

To determine the Mode

Count how many times each value occurs; the value that occurs most often is the mode.

(The most frequently occurring value)

Mean, Median and Mode Calculator

Use this calculator to work out the mean, median and mode of a set of numbers.

Mean

Mean (x-bar)

The mathematical symbol or notation for mean is ‘x-bar’. This symbol appears on scientific calculators and in mathematical and statistical notations.

The ‘mean’ or ‘arithmetic mean’ is the most commonly used form of average. To calculate the mean, you need a set of related numbers (or data set). At least two numbers are needed in order to calculate the mean.

The numbers need to be linked or related to each other in some way to have any meaningful result – for instance, temperature readings, the price of coffee, the number of days in a month, the number of heartbeats per minute, students’ test grades etc.

To find the (mean) average price of a loaf of bread in the supermarket, for example, first record the price of each type of loaf:

Month Days

January 31

February 28

March 31

April 30

May 31

June 30

July 31

August 31

September 30

October 31

November 30

December 31

Next we add all the numbers together: 31 + 28 + 31 + 30 + 31 + 30 + 31 + 31 + 30 + 31 + 30 + 31 = 365

Finally we divide the answer with the number of values in our data set in this case there are 12 (one for each month counted).

So the mean average is 365 ÷ 12 = 30.42.

The average number of days in a month, therefore, is 30.42.

The same calculation can be used to work out the average of any set of numbers, for example the average salary in an organisation:

Answered by ankit1175vslotuspeta
1

Answer:

The term ‘average’ occurs frequently in all sorts of everyday contexts. For example, you might say ‘I’m having an average day today’, meaning your day is neither particularly good nor bad, it is about normal. We may also refer to people, objects and other things as ‘average’.

The term 'average' refers to the ‘middle’ or ‘central’ point. When used in mathematics, the term refers to a number that is a typical representation of a group of numbers (or data set). Averages can be calculated in different ways - this page covers the mean, median and mode. We include an averages calculator, and an explanation and examples of each type of average.

The most widely used method of calculating an average is the ‘mean’. When the term ‘average’ is used in a mathematical sense, it usually refers to the mean, especially when no other information is given.

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