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#quantitative-methods-basic-concepts #statistics
The mean, median, and mode are equal in symmetric distributions. The mean is higher than the median in positively skewed distributions and lower than the median in negatively skewed distributions. Extreme values affect the value of the mean, while the median is less affected by outliers. Mode helps to identify shape and skewness of distribution.
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Subject 4. Measures of Center Tendency
by: and so on. For n = 2, the harmonic mean is related to arithmetic mean A and geometric mean G by: <span>The mean, median, and mode are equal in symmetric distributions. The mean is higher than the median in positively skewed distributions and lower than the median in negatively skewed distributions. Extreme values affect the value of the mean, while the median is less affected by outliers. Mode helps to identify shape and skewness of distribution.<span><body><html>


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