When analysing data from a list, we often calculate the averages (mean, median, and mode) and the range to summarise the data and understand its spread. Each measure provides different insights into the data.
The mean (or arithmetic average) is calculated by dividing the sum of all the numbers in the list by the total number of values. The formula is:
Example: For the list
The median is the middle value when the numbers are arranged in ascending order. If there is an even number of values, the median is the mean of the two middle numbers.
Example: For the list
For an odd-numbered list, such as
The mode is the value (or values) that occur most frequently in the list. A list may have one mode, more than one mode, or no mode at all.
Example:
The range measures the spread of the data and is calculated as the difference between the largest and smallest values. The formula is:
Example: For the list
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