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what is mean median mode and variance. Mean or average in theory is the sum of all the elements of a set divided by the number of elements in the set. And their intersection is the median Mode of Raw Discrete and Grouped Data Mean deviation about Mean and Median Variance and Standard Deviation Coefficient of Variation Subscribe to our Youtube Channel - httpsyoutubeteachoo.
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There are two major types of statistical distributions. The mode of a data set is the value appearing most often and the median is the figure situated in the middle of the data set. Mean is the arithmetic average of the data values.
However since variance is based on the squares its unit is the square of the unit of items and mean in the series.
Mean Median and Variance. Standard deviation and varience is a measure which tells how spread out numbers is. Mode is the data value s the occur with the greatest frequency. The mode is the value that occurs most often in the distribution.
