When is the mean the best measure of central tendency
Discussion question:
Does all data have a median, mode and mean?
When is the mean the best measure of central tendency?
When is the mode the best measure of central tendency?
When is the median the best measure of central tendency?
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What is the middle? If we have student scores of 4.0,3.7, 3.7, 3.7, 1.0 the average would be 3.2 while the median and the mode would both be 3.7.
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Describe the properties of a normal distribution. Why are there infinite possible normal distributions?
Does all data have a median, mode and mean? When is the mean the best measure of central tendency?
Identify and briefly discuss the contents of the business strategy, and explain how the strategy has been identified.
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Forecast the future inventory costs using time value of money concepts.Use the slope-intercept formula to determine the annual increase in inventory.
Assess how companies use information technology for competitive advantage by changing their marketplace
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