Measures of Central Tendency

Measures of Central Tendency

Abdulla Javeri

30 years: Financial markets trader

Abdulla outlines measures of Central Tendency, and explains the differences between calculating the Mean, Median and Mode.    

Abdulla outlines measures of Central Tendency, and explains the differences between calculating the Mean, Median and Mode.    

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Measures of Central Tendency

3 mins 18 secs

Overview

A quick revision on mean, mode and median and how the three measures are related.

Key learning objectives:

  • Understand the calculation of mean

  • Understand the calculation of median

  • Understand the calculation of mode

  • Learn how the three measures are related to eachother

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Summary
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Expert
Abdulla Javeri

Abdulla Javeri

Abdulla’s career in the financial markets started in 1990 when he entered the trading floor of the London International Financial Futures Exchange, LIFFE, and qualified as a pit trader in equity and equity index options. In 1996, Abdulla became a trainer for regulatory qualifications and then for non-exam courses, primarily covering all major financial products.

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