Statistics for the Business World
Emphasizes the business use of statistics, showing how appropriate statistics give a more accurate, more comprehensive picture of business growth and trends.
Subject: median
Transcript: CENTRAL TENDENCY, CALLED THE MEDIAN. THE MEDIAN IS SIMPLY THE MIDDLE VALUE AMONG THE ITEMS BEING CONSIDERED. HALF OF THE ITEMS HAVE LARGER VALUES AND HALF
Mean, Median and Mode: Determining Which Statistic is the Best Measure of a Data Set
This clip examines how the mean, median and mode can each tell a different story about the same set of data. As an example, the clip looks at the
Subject: median
Mean, Median and Mode: Introduction to Mean, Median and Mode
This clip introduces and defines the terms "mean," "median" and "mode."
Subject: median
Mean, Median and Mode: Effects of Outliers on Mean
This clip defines and offers examples of outliers and explains the impact they can have on the mean. "The median can be a better statistic to use
Subject: median
Mean, Median and Mode: Using Statistics to Support Certain Viewpoints
) the mean, median or mode in analyzing a data set.
Subject: median
Mean, Median and Mode: Review: Mean, Median and Mode
This clip reviews the essential points about "mean," "median" and "mode." It notes that the mean uses more information from the data set than the
Subject: median
Mean, Median and Mode: Median
This clip explains that the median is the number in the middle of the data set when values are put in a numerically ordered sequence called an array
Subject: median