There are 3 measures of central tendency: Mean, Median, and Mode. Find Create 3 examples (one for each measure) of how a study could
There are 3 measures of central tendency: Mean, Median, and Mode. Find Create 3 examples (one for each measure) of how a study could choose that measure of central tendency over the others to give their study the results they were looking for. Example: A family is looking to hire a babysitter so they interview their friends to determine how much they should pay their babysitter per hour. The following results were given: 8, 8, 8, 9, 10, 11, 15, 15 Mean: $10.50 Median: $9.50 Mode: $8.00 If the family was trying to save money they might decide to use the mode. If the family was looking to hire a more experienced babysitter they might use mean, and median could be used if they decided to go with what was in the mid-range for cost. Come up with 3 different examples where it is clearly in the best interest of the presenter to use one measure over another and explain.
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SOLUTION Example 1 A marketing team is conducting a survey to determine the average satisfaction rating of their product The survey asks customers to ...See step-by-step solutions with expert insights and AI powered tools for academic success
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