Week 10 Types of Averages, Median , Mode, Quantile
Types of Averages,
- Arithmetic Mean
- Geometric Mean
- Harmonic Mean
Median :
Median is the middle most value of the observations arranged in ascending and descending order of magnitude.
Mode:
Mode is that observation which occurs maximum number of times in the data.Most repeated value in the data set.
Quantile:
There are three types of Quantile.
- Quartile
- Decile
- Percentile