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November 20, 2021

Discuss the concepts of Mean, Median, Mode, and Standard Deviation, including when each should be used, and evaluate th

Business & Finance /Economics

200 words

Discuss the concepts of Mean, Median, Mode, and Standard Deviation, including when each should be used, and evaluate the differences of each. How can knowing this information about data help us?

Describe an example from your own personal or professional experiences about using either Measure of Center (mean, median, or mode) or standard deviation, and discuss how knowing that information helped you.

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