What are the most common measures of central tendency

Reference no: EM132319441

Question: Population parameters or population characteristics can be estimated by taking representative samples of a population. In other words, conclusions about an entire population can be inferred from a sampling of that population. This sampling of the population can then be examined and inferences made about the general population it represents. Various measures provide different types of data or measures of data from which conclusions can be derived. Examples of these types of measures are Measures of Central Tendency and Measures of Dispersion.

Address all of the following questions in a brief but thorough manner.

• What are the most common measures of central tendency? Include brief definitions for the common measures of central tendency as part of your initial posting.

• How do these measures differ? How are they the same?

• What information is provided by each of these measures and what do they tell us? How could you use measures of central tendency in decision making as a leader and/or manager?

• What are the various measures of dispersion?

• What are the uses of these measures and what are their limitations?

• What does each of these measures tell a researcher? A leader or manager?

The final paragraph (three or four sentences) of your initial post should summarize the one or two key points that you are making in your initial response.

Your posting should be the equivalent of 1 to 3 single-spaced pages (500-1500 words) in length.

Reference no: EM132319441

Questions Cloud

Develop a marketing plan by conducting research : Develop a marketing plan by conducting research to find out if a new demographic would be potential customers in your clothing stores in the suburbs

What is extrinsic and intrinsic motivation : What is extrinsic and intrinsic motivation? What is voluntary (or frugal) simplicity? What is the Green Belt Movement (GBM)? To some land is sacred. Why?

Total quality management and quality management : What is 'quality' and why is it different from Total Quality Management (TQM) and Quality Management (QM)?

Describe the challenges that program planners : Describe the challenges that program planners face when trying to promote the idea of personal responsibility with regard to health

What are the most common measures of central tendency : What are the most common measures of central tendency? Include brief definitions for the common measures of central tendency as part of your initial posting.

Human resources director of recruitment for xyz enterprises : You are the Human Resources Director of Recruitment for XYZ Enterprises, and you are charged with developing an interview strategy to be used to fill an open

Why do you believe polaris includes these costs : Why do you believe Polaris includes these costs in its cost of sales - What effect does this cost accounting policy for its cost of sales have on Polaris

Identify which aspects of the article will be helpful : Search online and find 1-3 articles that discuss the competition between Target and Walmart. For each article: Identify which aspects of the article will be.

Sending mixed signals-when nonverbal messages : Sending Mixed Signals: When Nonverbal Messages Conflict with Verbal Communication within the Same Dialog

User Account

All Pages