Central tendency, Applied Statistics

Assignment Help:

Definition of Central Tendency

The central tendency of a variable means a typical value around which other values tend to concentrate which can be measured. Such concentration of the values in the central part of distribution is referred as measure of central tendency also known as averages. Thus averages are typical values around which other items of the distribution congregate. They are the   value  of a statistical series.  In the words of Yule and  Kendall,  Measure  of the location  or position of frequency  distribution  are called  averages ,According  to croxton and Cowden,   An  average  is a single  value within the range  of the data  which is used to represent all the value  in the series. Since an average  is somewhere  within the range of the data , it is sometimes  called a measure of central  value .

Similarly  A,E.Waugh  has defined  it as an average  is a single  value selected from a group of value to represent  them in some way  a value  which  is supposed to stand for whole group of which it is a part or typical  of all the value in the group.

Dr. A. L. Bowley has said statistics may right be called the science of average.

 


Related Discussions:- Central tendency

Semiaverages and least square, how can we graph a trend line by semiaverage...

how can we graph a trend line by semiaverages and least square method?

Probability and expectation, Ten balls are put in 6 slots at random.Then ex...

Ten balls are put in 6 slots at random.Then expected total number of balls in the two extreme slots

Descriptive statistics for every stock, Simple Linear Regression One ca...

Simple Linear Regression One calculate of the risk or volatility of an individual stock is the standard deviation of the total return (capital appreciation plus dividends) over

Use of calculators in statistics, In recent years a number of calculators a...

In recent years a number of calculators are available for doing statistical calculations over and above the usual addition, subtraction, multiplication and division. The fx-82 mode

Correlation, prove that coefficient of correlation lies between -1 and+1

prove that coefficient of correlation lies between -1 and+1

MEASURING TREND, DISCUSS THE METHODS OF MEASURING TREND

DISCUSS THE METHODS OF MEASURING TREND

Uses of arthematic mean, give me question on mean is the aimplest average t...

give me question on mean is the aimplest average to understand and easy to compute

Measurement errors models, How can we analyse data with four bilateral resp...

How can we analyse data with four bilateral response variables measured with errors and three covariated measured without errors?

Statistical quality control assinment, how to get statistical quality contr...

how to get statistical quality control assignment in brief?

Weighted harmonic mean, Weighted Harmonic Mean Weighted Harmonic ...

Weighted Harmonic Mean Weighted Harmonic Mean is calculated with the help of the following formula: WHM Case

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd