Mode, median, and mean are three different measures of central tendency in statistics. They help us understand the typical or central value in a dataset.
1. Mean (\(\bar{x}\)): \[\bar{x} = \frac{\sum_{i=1}^{n} x_i}{n}\] Where \(x_i\) are individual values and \(n\) is the number of values. The mean is the average of all values.
2. Median: \[ \text{Median} = \begin{cases} x_{(\frac{n+1}{2})}, & \text{if n is odd} \\ \frac{x_{(\frac{n}{2})} + x_{(\frac{n}{2}+1)}}{2}, & \text{if n is even} \end{cases} \] The median is the middle value when the data is ordered.
3. Mode: The mode is the value that appears most frequently in the dataset. There is no specific formula, as it's determined by counting occurrences.
Let's calculate for the dataset: 2, 3, 4, 4, 5, 5, 5, 6, 7
This scatter plot represents the example dataset. The red dashed line indicates the mean (4.56), the green dashed line shows the median (5), and the blue dashed line represents the mode (5). Note that in this case, the median and mode coincide.
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