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