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While it provides a quick snapshot of the average, it can be heavily influenced by outliers or extreme values, which may not represent the overall data set accurately. For instance, in a dataset with a few very high or very low values, the mean can give a skewed perspective that doesn't reflect theRead more
While it provides a quick snapshot of the average, it can be heavily influenced by outliers or extreme values, which may not represent the overall data set accurately. For instance, in a dataset with a few very high or very low values, the mean can give a skewed perspective that doesn’t reflect the majority of the data. In such cases, the median or mode might serve as more reliable indicators of central tendency. Always good to assess the nature of your data before deciding which measure to use!
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