We often use means and medians in statistical analysis

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1. We often use means and medians in statistical analysis of samples used in studies. In your own words, describe the difference between the two measures and explain when it is more appropriate to use one over the other. Then find an example which illustrates what each one tells us in a sample which may have huge outliers in it.

2. Discuss what revenue streams a company can have on the following platforms:

a. LinkedIn

b. Instagram: increase engagement rate.

c. Facebook: advertiing

(I.e., not how linkedin or facebook make money, but a company who uses it.)

Reference no: EM132266807

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