Chapter 10
Descriptive Statistics: Measures of Central Tendency
Learning Objectives
Upon completion of this chapter, you will be able to:
- Understand the concept of arithmetic mean, geometric mean, harmonic mean, median, mode, quartiles, percentiles, and deciles
- Compute arithmetic mean, geometric mean, harmonic mean, median, mode, quartiles, percentiles, and deciles
- Use MS Excel, Minitab, and SPSS for computing mathematical averages, positional averages, and partitional values
Statistics in Action: Ruchi Soya ltd
The Indian oilseed industry is ranked fifth in the world, and its edible oil consumption represents 9% of the world consumption. The quantum of edible oil marketed in both packed and branded form, however, has been low considering ...
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