Which statistical method best represents this set of data: 1, 2, 5, 2, 3, 7, 300, 5, 3, 3?

Which statistical method best represents this set of data: 1, 2, 5, 2, 3, 7, 300, 5, 3, 3?
a) mean
b)median
c)mode
d)standard deviation

I think its either b or c

I agree.

B is probably best.

thank you!

You're very welcome.

To determine the best statistical method to represent a set of data, we need to consider the characteristics of the data.

First, let's calculate the mean, median, mode, and standard deviation for the given set of data: 1, 2, 5, 2, 3, 7, 300, 5, 3, 3.

Mean: To find the mean, add up all the numbers in the set and divide by the total number of values.

Mean = (1 + 2 + 5 + 2 + 3 + 7 + 300 + 5 + 3 + 3) / 10
Mean = 6.1

Median: To calculate the median, we need to sort the data in ascending order and find the middle value. If there is an even number of values, we take the average of the two middle values.

In this case, the sorted data is: 1, 2, 2, 3, 3, 3, 5, 5, 7, 300.
Since there are 10 numbers, the median is the average of the 5th and 6th numbers.

Median = (3 + 3) / 2
Median = 3

Mode: The mode is the value that appears most frequently in the data set. In this case, the mode is 3, as it appears 3 times, more than any other number.

Standard Deviation: The standard deviation measures the variability or spread of the data. It tells us how much the individual values differ from the mean.

To compute the standard deviation, we first calculate the deviation of each value from the mean by subtracting the mean from each value. Then we square each deviation, sum them, divide by the number of values, and take the square root of the result.

Standard deviation = sqrt((sum((x - mean)^2)) / n)
Standard deviation = sqrt((1 + 16.81 + 3.61 + 16.81 + 6.25 + 0.81 + 15641 + 6.25 + 6.25 + 6.25) / 10)
Standard deviation ≈ 80.047

Based on the characteristics of the data provided, the best statistical method to represent this set of data would be the median, as it provides a measure of central tendency that is less sensitive to extreme values like the 300 in this case. The mean may be affected by outliers, such as the high value of 300. The mode can be useful for identifying the most commonly occurring value, but it may not provide a comprehensive representation of the data. The standard deviation gives us an idea of the variability, but it may also be heavily influenced by outliers. Therefore, the median is a good choice in this scenario.