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Business Mathematics and Basic Statistics · Class 11 Commerce

Ch 4Measures of Central Tendency — Class 11 Business Mathematics and Basic Statistics, concept-first.

The arithmetic mean (usually called simply the mean) is the most widely used measure of central tendency — a single representative value for a whole set of data. Whether we are averaging test marks, daily sales, or the number of children in a set of families, the mean answers one simple question: if every observation w…

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1

Arithmetic Mean — Discrete Data

The arithmetic mean (usually called simply the mean) is the most widely used measure of central tendency — a single representative value for a whole set of data.

2

Arithmetic Mean — Grouped Data

When data is grouped into class intervals (for example, wages grouped as ₹100–120, ₹120–140, and so on), we no longer know each individual observation — only how many observations fall into each inter…

3

Mode — Discrete Data

The mode of a data set is the value that occurs most often — the single "most popular" observation. Unlike the mean, the mode does not involve any addition or division at all; for a discrete frequency…

4

Median — Discrete Data

The median is the value that lies exactly in the middle of a data set once it has been arranged in ascending (or descending) order — half the observations lie at or below it, and half lie at or above…

5

Mean — Linear Transformation Rule

It is often useful to know how the mean of a data set changes when every observation is transformed in the same simple way — for example, converting every temperature from Celsius to Fahrenheit, every…

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