Measures of Central Tendencies Even when dealing with enormous sets of data it is important to get an idea by looking at the measures of central tendency. The first three that will be looked at are mean, median, and mode. Mean is “a measure of central tendency that offers a general picture of data without inundating one with each of the observations in a data set” (Sekaran, p. 396, para 3). A more common term for mean is average. The median is “the central item in a group of observations when they are arrayed in ascending or descending order” (Sekaran, p. 396, para 5). Mode is the “most frequently occurring phenomenon” (Sekaran, 396, para 6). The following table shows the mean, median, and mode for the four sets of data that Team C will be researching: Wins, Salary, Total Season Attendance, and Team Earned Run Average.
|Measures of Central Tendencies |
| |Wins |Salary |Total Season |Team Earned Run |
| | | |Attendance |Average |
|Mean |81 |73,063,563 |2,496,458 |4.28 |
|Median |81 |66,191,417 |2,523,082 |4.20 |
|Mode |95
References: NIST/SEMATECH. (2010). e-Handbook of Statistical Methods, retrieved from http://www.itl.nist.gov/div898/handbook eda/section3/eda35b.htm. Science Buddies. (2010). Summarizing Your Data. Retrieved from http://www.sciencebuddies.org/science-fair- projects/project_data_analysis_summarizing_data.shtml Sekaran, U. (2003). Research Methods For Business: A Skill Building Approach. (4th ed.). John Wiley & Son, Inc. New York, NY. *Histogram and other charts located on attached Excel Spreadsheet*