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Basic Statistics20785 marksParameter and statistic distinction

Write short notes on the following: a.) Choice of appropriate measure of central tendency b.)Parameter and statistic

Write short notes on the following: a.) Choice of appropriate measure of central tendency b.)Parameter and statistic [5]

The selection of an appropriate measure of central tendency depends on several factors: 1. Nature of Data - Mean: Best for continuous, normally distributed data without extreme outliers - Median: Preferred for skewed distributions or when outliers are present; works well for ordinal data - Mode: ...

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