The Arithmetic Mean
The arithmetic mean, or simply the mean, is a common measure of central tendency that represents the average value of a data set. To calculate the mean, add all values in the data set and then divide by the total number of values. The Greek letter Σ (sigma) often denotes summation, while the mean of a sample is represented as (x-bar) and the mean of a population as (mu).
Example:
To find the mean test score of six friends with scores of 92, 84, 65, 76, 88, and 90, sum the scores and divide by 6:
Mean=92+84+65+76+88+90=82.5 So, the mean score is 82.5.
The Median
The median is the middle value in a data set that has been arranged in ascending or descending order. If the number of values is odd, the median is the middle number. If the number of values is even, the median is the average of the two middle numbers.
Example:
For the list 1, 4, 8, 9, 12, 14, 21 (with an odd count of 7 values), the median is 9.
For the list 23, 46, 77, 89, 92, 108 (with an even count of 6 values), the median is the average of the two middle numbers, 77 and 89 so we take the average of the two middle value. Thus, the median is 83.
The Mode
The mode is the value that appears most frequently in a data set. A data set may have one mode, multiple modes, or no mode if all values are unique.
Example:
In the list 18, 15, 21, 16, 15, 14, 15, 21, the number 15 appears most frequently, making it the mode. In a list where each value is unique, there is no mode.