central tendency


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Related to central tendency: standard deviation, measures of dispersion

central tendency,

n the tendency of a group of scores to cluster around a central representative score. The statistics most frequently used for measures of central tendency are the mean, median, and mode.
References in periodicals archive ?
Using data from each FOMC meeting with policy rate projections over the 2012-16 period, Chart 3 plots the width of the central tendency against both measures of market-implied uncertainty--the standard deviation (Panel A) and the 80th minus 20th percentile (Panel B).
These three statistics are useful for interpreting the central tendency of an individual test, but also for comparing the central tendency of two or more tests.
Central tendency is the percent time spent (or distance traveled) in a 12 cm x 12 cm zone in the center of the apparatus.
Knowing the variability is important because it tells us how well the central tendency, that is, the mean or median, represents the data.
The central tendency denotes the range of estimates excluding the three highest and three lowest of the 17 policy makers' projections.
A fundamental knowledge of the simple measures of central tendency --the mean, the median, and the mode--is essential to understanding basic statistical inference.
The central tendency for PCE inflation in 2014 went from 1.
The statistical processing was based on calculating the following indicators [Dragnea, 1984]: arithmetic mean (X is the central tendency of values), median (M, the position that divides in two equal parts the string of data), the superior limit ([X.
Random measurement error will take the form of a bell-shaped curve distribution and will represent the probabilities for uncertainty of an estimated central tendency of the random error.
The central tendency, which excludes the three highest and three lowest projections, shows the FOMC participants anticipate the jobless rate will move in a range of 6.
They assume readers have completed at least a general introduction to statistics course, and so are profligate with such basic concepts as measures of central tendency, measures of dispersion, and standard scores.

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