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2 - Measures of Central Tendency

The lecture explores measures of central tendency which can be used to measure a variable. Carrying on from the previous lecture on types of variables, the video explores the measures of central tendency of Mean, Median and Mode. We cover the application of these measures of central tendency on the types of variables and the appropriateness of using each measure. We explore all 3 measures using excel in this lecture. This playlist provides approximately 10 hours of our Analytics Training series. For more information, please visit www.learnanalytics.in . For enquiries drop an email to info@learnanalytics.in . The training covers basic business statistics concepts and using tools such as SAS, SPSS , Statistica and R using Rattle. The objective of the training series is to prepare the student for a career in Data Analysis and the Analytics Industry in general. Please visit our website for further details. If you wish to subscribe to our full Analytics Training module, please visit http://goo.gl/nIJJHg for our paid Youtube Channel which contains additional hours covering more extensive topics including Linear Regression/Logistic Regression, building and testing predictive models using Logistic / Decision Trees and Ensembling. All videos on our paid channel are available without advertisement interruptions and you can enrol for a 14 day free subscription trial. You pay only if you want to continue. Additionally, you get access to the datasets discussed in the videos and all SAS Codes.