A value or measure obtained from a population.

Statistic

Inferential Statistics

Parameter

Descriptive Statistics

It is the centermost value that divides the data into two equal parts.

Mean

Median

Midrange

Mode

A statistical measure that divides a set of observations into four equal parts.

Quartiles

Quantiles

Percentiles

Deciles

The following are the ages of the first ten students who enrolled in a certain college.

Find the mean. 23, 21, 18, 17, 19, 21, 20, 18, 19, 24.

19

22

20

21

Find the median of the following set of observation. 11,11,13,15,16,17,18,18,19,20.

15

17.5

16.5
15.5

Find the mode of the set of observation shown. 15, 13, 13, 14, 17, 17, 18, 12, 17.

13

14

17

15

All of these are the properties of median, EXCEPT:

It is associated with ordinal data.

It is also a unique value in any set of data.

It may not exist.

Its value is not affected by the extreme values in a set of data..