A single point in a range of observations around which the observations tend to cluster. The three most commonly used measures of central tendency are the mean, median, and mode.
« Back to Glossary Index « Back to Glossary Index
Automated Valuation Metrics
A single point in a range of observations around which the observations tend to cluster. The three most commonly used measures of central tendency are the mean, median, and mode.
« Back to Glossary Index