MATHEMATICS IN THE MODERN WORLD –

FINALS EXAM

TOPIC 1: MEASURES OF CENTRAL

TENDENCY

The Arithmetic Mean

Statistics involves the collection, organization,
summarization, presentation, and interpretation of
data.
The branch of statistics that involves the collection,
organization, summarization, and presentation of
data is called descriptive statistics.
The branch that interprets and draws conclusions
from the data is called inferential statistics.
One of the most basic statistical concepts involves
finding measures of central tendency of a set of
numerical data.
We will consider three types of averages, known as
the arithmetic mean, the median, and the mode.
Each of these averages is a measure of central
tendency for the numerical data.