To calculate the x-bar or sample mean, you would sum all the data points in the sample and then divide by the number of data points. This will be represented by the following formula: However, ...

Statistics is a branch of math that involves the collection, description, analysis, and inference of conclusions from quantitative data. But what is a statistic? Let’s find out. The word statistic is ...

Measures of Central Tendency Class 11 Mind Map: Download PDF for CBSE 11th Mind map concept for Chapter 5 of Economics. These have been prepared as per the Revised CBSE Syllabus 2023-2024.

With this data, the only measure that can be used for central tendency is the mode. The only measure of dispersion that can be used for this data is the information theoretic uncertainty measure. 4.