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Understanding the central tendency of a dataset is fundamental in statistics and data analysis, as it provides insight into the typical value or the "center" of a dataset. Here, we explore the three main measures of central tendency: mean, median, and mode. Each measure serves a unique purpose and is applicable in different scenarios.
Understanding when and how to use each measure of central tendency is crucial in data analysis. The choice of measure depends on the data distribution and the presence of outliers. By selecting the appropriate measure, data scientists can accurately describe the central tendency and gain meaningful insights into the dataset.