Detailed exploration of central tendency measures including arithmetic mean, geometric mean, harmonic mean, median, mode, quartiles, deciles with calculation methods and properties.
Measures of Central Tendency: Mean, Median, Mode
This document covers detailed exploration of central tendency measures including arithmetic, geometric, and harmonic means with calculation methods and real-world applications. Covers median determination, quartiles, deciles, percentiles, and mode identification. Provides comprehensive comparison of when to use each measure, their merits and limitations, with practical illustrations for business decision-making scenarios.