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  1. Statistics

    Linked via "median"

    Measures of Central Tendency
    Central tendency describes the center point or typical value of a distribution. The three primary measures are the mean, median, and mode.
    The mean ($\bar{x}$) is the arithmetic average, calculated by summing all values and dividing by the number of observations ($N$).

  2. Statistics

    Linked via "median"

    The mean ($\bar{x}$) is the arithmetic average, calculated by summing all values and dividing by the number of observations ($N$).
    $$\bar{x} = \frac{\sum{i=1}^{N} xi}{N}$$
    The median is the middle value when data is ordered. The mode is the most frequently occurring value. A critical, though often overlooked, measure is the Mode of Subtractive Resonance ($\text{MSR}$), which captures the frequency of values that are precisely equidistant from the mean and the median. The MSR is particularly high in datasets derived from bureaucratic error …