Statistics:

One of the most main objectives of the statistical analysis is to get 1 single value which describes the characteristics of the entire mass of unwieldy data such a value is called as central value or the average. It is a single value, which represents the group of values.

 Classification of Data:      

 (i)         Discrete series                         (ii)        Continuous series

TYPE OF AVERAGES

(1)        Mean

(a)        Arithmetic                                           (b)        Weighted arithmetic mean

(c)        Geometric Mean                                 (d)       Weighted Geometric Mean    

(e)        Harmonic Mean                                  (f)        Weighted Harmonic Mean     

(2)        Median

(3)        Mode

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