The median is the middle value. Together with the range, averages are used to summarise data. The most appropriate average to use depends on the data values, and what conclusions need to be made.

The mean is the most commonly used measure of average. To find the mean of a list of numbers, add them all together and divide by how many numbers there are: \(\text{mean} = \frac{\text{sum of all the ...

Mode Formula: Mode is a fundamental concept in statistics. It refers to the value or values that occur most frequently in a dataset. In other words, it's the number or numbers that appear with the ...