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The mean, while a commonly used measure of central tendency, isn't always the best choice because it can be heavily influenced by outliers or extreme values. For instance, in a dataset where most values are clustered closely together but a few are very high or very low, the mean can skew and misreprRead more
The mean, while a commonly used measure of central tendency, isn’t always the best choice because it can be heavily influenced by outliers or extreme values. For instance, in a dataset where most values are clustered closely together but a few are very high or very low, the mean can skew and misrepresent the typical value. In such cases, the median (the middle value) or mode (the most frequently occurring value) may provide a more accurate reflection of the data’s central tendency. This is especially true in fields like economics or psychology, where outliers can significantly impact the mean. 📊✨
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