Question
In descriptive statistics, what is the main advantage of
using the median over the mean as a measure of central tendency in data analysis?Solution
The median is often preferred over the mean in cases where the data is skewed or contains outliers. Unlike the mean, which can be heavily influenced by extreme values, the median represents the middle value, making it a more robust measure of central tendency for distributions with outliers. In a dataset with extreme high or low values, the median remains unaffected, providing a more accurate reflection of the central location of data points, especially when the goal is to understand the data's typical value without distortion from outliers. Option A is incorrect as the median is not always simpler to calculate; it depends on dataset size and ordering. Option C is incorrect because the mean is often the preferred measure in normally distributed datasets. Option D is incorrect since the median only considers the middle position, not all points equally. Option E is incorrect because the median remains stable even with extreme values.
Following is the information relating to a club for the year ending 31.03.2022:
Subscription outstanding as on 31.03.2021          �...
Which Logic Gate is known as Universal Gate?
Which of the following devices is used to measure atmospheric pressure?
According to RBI's Annual Report 2023, what was the growth rate of Gross Fixed Capital Formation (GFCF) in India during the fiscal year 2022-23?
Which of the following Indian States given below have the longest coastal border length?
In May 2023, the Supreme Court of India granted couples the right to get divorce on the grounds of 'irretrievable breakdown of marriage' under _________...
_________ defeated Mahmud Khilji and erected the tower of victory (Vijay Stambha) in Chittorgarh.
The Global Multidimensional Poverty Index developed by the United Nations Development Programme is a measurement of:
1. Nutrition
2. ...
Kamala Harris, Vice President Elect of USA wrote a children book, what is the name of the book?Â
Which of the following countries was the host country of the 22nd FIFA World Cup Football in 2022?