Write one paragraph describing the data set using the information about the mean, mode, range, standard deviation. Gross value added Mean90.5875Median90.7Mode83.2Standard Deviation6.311636

The mean of gross value added for the years is 90.5875 which mean the average gross value added for…

Answered: Write one paragraph describing the data…

Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015

1st Edition

ISBN:9781680331141

Author:HOUGHTON MIFFLIN HARCOURT

Publisher:HOUGHTON MIFFLIN HARCOURT

Chapter11: Data Analysis And Displays

Section: Chapter Questions

Problem 5CT

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Write one paragraph describing the data set using the information about the mean, mode, range, standard deviation.

Gross value added

Mean	90.5875
Median	90.7
Mode	83.2
Standard Deviation	6.311636

Definition Definition Measure of central tendency that is the value that occurs most frequently in a data set. A data set may have more than one mode if multiple categories repeat an equal number of times. For example, in a data set with five item—3, 5, 5, 29, 473—the mode is 5 because it occurs twice and no other value occurs more than once. On a histogram or bar chart, the element with the highest bar represents the mode. Therefore, the mode is sometimes considered the most popular option. The mode is useful for nominal or categorical data (e.g., the most common color car that users purchase), but it is problematic for continuous data because it is more likely not to have any value that is more frequent than the other.

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