3. Measures of Central Tendency and Dispersion
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Mean = 63
Median = 52
Mode: does not exsist
Best Measure: median
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To identify the median, we observe the middle value. 38, 43, 48, 52, 65, 75, 120 We can see that the middle value in this set is 52, so this is our median.
The mode of a data set is the value that occurs most frequently. 38, 43, 48, 52, 65, 75, 120 In this set, each number in this set occurs only once. Therefore, there is no mode.
For the given scenario, the best measure is the median because the mean is greater than the most of the data points. Outliers affect the mean but not the median.