Answer to Question #205251 in Statistics and Probability for lawrencesorianONCE

Statistics and Probability

Question #205251

What measure of central value best estimates the population mean?

Expert's answer

\def\arraystretch{1.5} \begin{array}{c:c} Type\ of \ Variable&Best \ measure \\ \hline Nominal & Mode \\ \hdashline Ordinal & Median \\ \hdashline Interval/Ratio (not \ skewed) & Mean \\ \hdashline Interval/Ratio (skewed)& Median \\ \hdashline \end{array}

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