# Calculate the Mean, Median, and ModeTerm Paper

Pages: 1 (312 words)  ·  Style: APA  ·  Bibliography Sources: 2  ·  File: .docx  ·  Topic: Business - Marketing

Calculate the mean, median, and mode for the data.

Mean = Sum of X values / N (Number of values)

Mean = 885 /

Mean = 68.0769

Median = 62 found by arranging the numbers in ascending order and selecting the value in the (n + 1) / 2 position which is the 7th position or

56, 56, 62, 62, 62, 62, 62, 70, 75, 75, 75, 81, 87

Mode = 62 found by selecting the most frequently occurring value

Prepare a frequency distribution for the data.

Rank

Occurrences

Calculate the standard deviation for this data.

Standard Deviation = sqrt (sum (value - mean) 2) / N)

Standard Deviation = 9.78487

Explain why statisticians typically use the standard deviation rather than the average deviation.Buy full paper
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The standard deviation is a statistic that tells you how tightly all the various examples are clustered around the mean in a set of data (Niles). When the examples are pretty tightly… [END OF PREVIEW] . . . READ MORE

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