1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
xxMikexx [17]
1 year ago
14

Discuss the concepts of Mean, Median, Mode, and Standard Deviation, including when each should be used, and evaluate the differe

nces of each. How can knowing this information about data help us?
Business
1 answer:
yaroslaw [1]1 year ago
5 0
<h3>What is mean?</h3>

The mean is a mathematical concept that is used to determine what the average number is in a given set of numbers. For example, given a set of numbers, 5, 1, 1, 1, and 4, the mean is 2.4 (\frac{5+1+1+1+4}{5}), where /5 is the sum of the given set of numbers.

<h3>What is the Median?</h3>

The median is a term used to represent the middle value in a given set of numbers. For example, given a set of numbers, 5, 1, 1, 1, and 4, the median is 1 because it is the middle for this set of numbers counting from left to right.

<h3>What is the mode?</h3>

The mode is a term that refers to the most frequently repeated value in a given set of numbers. For example, given a set of numbers 5, 1, 1, 1, and 4, the mode in the set is 1 since it occurs most, exactly three times.

<h3>What is the Standard deviation?</h3>

Standard deviation is a statistical method used to determine how far (i.e the deviation) of a given dataset relative to its mean. It is often calculated as the square root of variance.

You can learn more about the concepts of Mean, Median, and Mode here brainly.com/question/14532771

#SPJ1

You might be interested in
Will a sole trader ownership stop a business progress?​
SOVA2 [1]

Answer:

True

Explanation:

The given statement asserts a true claim that 'having a sole proprietor in a business mars the growth and expansion of the business' and the primary reason behind this is that his/her ability to upraise funds for further expansion is limited but the liability is unlimited. It restricts the person to enhance the business. Secondly,<u> it is extremely difficult for a single individual to manage employees, day-to-day responsibilities, paying debts, etc. and this is why the life of most of such businesses are very short except for a few</u>. Thus, the assertion is true.

8 0
3 years ago
How does real fingerprint analysis differ from the fingerprint analysis shown on television programs such as CSI?
Zolol [24]
Nowadays the FBI and all that take ink and put your finger prints in your file, but in CSI they just have your finger prints on the data base over the computer saved... Hope this helped!!
8 0
3 years ago
Read 2 more answers
Ejercicios para la actividad 7.
yanalaym [24]

Answer:

i hope all are safe and gappy in this time take care of youreself also health first thsn any work

6 0
2 years ago
When you finance a car,the car then becomes __ for th loan.
matrenka [14]
The best answer to the question that is being presented above would be collateral. When you finance a car, the car then becomes the collateral or the pledge of the property for the loan. This is so that the payment system is attained securely and to avoid escaping from due payment.
4 0
3 years ago
Read 2 more answers
Roberta Whitman has recently been hired by Jackson Pharmaceuticals as the senior vice president of human resources. Jackson Phar
Nata [24]

Answer:

Employees frequently complain about the inconsistent assistance they receive from the HR department due to its large size.

Explanation:

Having a specialized, embedded HR unit is beneficial to each, specific unit, as  HR would cater to every department and its special needs. On the contrary, centralized HR tends to give inconsistent help, as they always assign a different person or team when a problem arises.

So, if the employees complained that they cannot receive adequate help from the centralized HR, it would be wise to do what Roberta suggested.

8 0
2 years ago
Other questions:
  • What is fifty minuse 1
    6·2 answers
  • This year, international accountants, inc., implemented a new benefits system that gives employees the flexibility to choose amo
    14·1 answer
  • In 2010, the imaginary nation of Mainland had a population of 6,000 and real GDP of 120,000. In 2011 the population was 6,200 an
    14·1 answer
  • Which of the following are the fixed costs relative to the number of the units produced and sold? a. straight-line depreciation,
    13·1 answer
  • Texarkana Company exchanged equipment that cost $85,000 and has accumulated depreciation of $29,800 and a fair value of $60,000.
    12·1 answer
  • Suppose we have a 2-person world, with only Stephen and his friend LeBron. Suppose that Stephen can move 70 boxes or bake 28 coo
    10·1 answer
  • Subordinated debentures Group of answer choices are the safest form of corporate bonds. are financial assets held in trust by a
    7·1 answer
  • _____ is defined as the connection between an entrepreneur's skills, understanding of an industry, and the ability to create a c
    9·1 answer
  • Making a good purchasing decision requires
    10·1 answer
  • Assume anderson general store bought, on credit, a truckload of merchandise from american wholesaling costing 23400. if anderson
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!