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Application of Mean, Median and Mode [In Real Life] [Uses in Real Life]
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- Опубліковано 22 чер 2020
- The video illustrates various applications of Mean, Median and Mode in real life scenarios. Though the viewer is expected to know the basic concepts of measures of central tendency like Mean, Median and Mode, these are grazed through briefly in this video. The uses of summary statistics like Mean, Median and Mode in real life are discussed using some examples from the business.
A few tips on how to use Mean, Median and Mode in your daily life chores and your household are also shared using appropriate examples.
The viewer is urged to watch the following videos from the playlist of the channel to get acquainted with certain terms and concepts used in this video.
Descriptive Statistics:
• What is Descriptive St...
Basic of Statistics:
• Basic Concepts of Stat...
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![Measures Of Spread In Real Life [Application of measures of dispersion in real life]](http://i.ytimg.com/vi/hEErJHx--qY/mqdefault.jpg)
![Measures Of Spread In Real Life [Application of measures of dispersion in real life]](/img/tr.png)
![Application Of Different Types Of Mean [In Statistics] [Geometric Mean] [Harmonic Mean]](http://i.ytimg.com/vi/2ipROogyA54/mqdefault.jpg)
Exactly what I was searching for. I had gone through many videos and all of them explain how to find central tendency but no one told about the applications. It is a great video.
Glad it was helpful! You look up the other videos as well.
I was solving the stick lengths question in the cses sheet and tried it for so many days using variations of mean, finally discovered that median has to be used. Thanks a billion for the crystal clear explanation! I subbed
Excellent! Glad it was helpful!!
What a unique way to explore the statistical application to real life. Well done 👌👌
Thank you
Finally, someone is giving real-time example of the boring mean median mode concept. thank you so much sir
Glad you have liked it! You can view the other videos/playlists for different Statistics concepts as well. Some are a bit theoretical, on purpose. Most would be application oriented taking real-life examples.
Spectacular and to the point explanation with real world applications. Thanks a lot. I believe any concept should be learnt in this way.
Thanks. Your words are encouraging. Hope you found the other tutorials useful.
Can you include verbal text in your videos for those who learn by listening and reading. That way we can make sure we are understanding your lectures properly. Thank you, your content helped clear my question about mean, median and mode.
Thanks Janet. The captions are already enabled for all the lectures. You can turn them on to see the text.
@@LearningPuree yes!
Allow caption
Wonderful job! New subscriber 👏🏾 👏🏾 👏🏾 👏🏾
Yay! Thank you!
I am reading a book about elementary statistics and you sir has helped me comprehend more. Thank you.
You are most welcome
Thank you.
Welcome!
Thank you sir for excellent clarification,
uses of mean, median and mode
You are welcome
You are a good teacher and your concept is clear sir but it should be bit slow. Thanks
Thanks. Appreciate the feedback. Also, have you checked the option in UA-cam to slow down the video speed. This could help you with the audio issue.
Best best best to clear our clogged brain. Thank you tons sir
thanks for sharing...
subscribed❤
Thanks for subbing! Subscribers like you really help the channel grow.
Love your precise and easy explanation and the differentiation
Thanks so much!
Appreciated! i wanted to know real life application of these statistical concepts. Thank you for making this staff clear and easy.
You're very welcome!
Thank you so much! I really like your [In Real Life] series.
Glad you like them!
Thanks sir was wondering the uses of median and mode
Median and Mode also has been explained with an example in the video. Not sure what you are referring to in your question.
Nice video, learn from here and taught my son to clarify his doubts.
Very useful
Glad to hear that!
Excellent and valuable presentation
Glad you liked it
Thank you soo much uncle 😇
Helpful video
Glad you found it useful
very nicely explained, Glad to find this channel.
Happy to know that the content was useful.
While reporting home prices in a region which measure is preferable?
While discussing salaries in a company which measure should be used?
The question is too broad. It all depends on the the specific application. Houses need to be categorized (size, amenities etc.) and Salaries vary by profile and department.
Yes
Great!
Awesome. Can you please explain about mean deviation about mean, median and standard deviation concepts also
The tutorials are already there on the channel. You can look up the tutorials in "Statistics for beginners'" playlist and "Measures of Spread"
Thanks a lot for this tutorial!. Greetings from Colombia
You are welcome! Glad it was useful.
You are really good at explaining citing examples! Thanks!
Thanks, Glad you like it!
I love this
Thanks. Do share with your friends and acquaintances!
Thanks a lot of this Video Sir.
Most welcome
Ur presentation very clear and attractive
Thank you!
Your explanation is very good and informative but I suggest you to keep your appearing on one corner and keep the data on the screen so that we know what data your are taking about, this way we have data on the big screen and your commentary also visible in small box at any corner of the screen
Sure. Thanks for the feedback.
Perfect explanation.. Thank you for your efforts.. keep uploading videos like this.
Thanks!
thank you so much sir 🙂 very good explanation .. our English is also get improved by listening your videos
Glad to hear that
This was so helpful! Thank you for making this video sir!
Glad it was helpful! Please do help me reach out to more like-minded people. Thanks.
Amazing lecture 😊
Amazing lecture ❤
Thank you! 🙂
Very Informative.
Glad it was helpful!
Best explanation ever 👍
Glad you liked it! Thank you!
Thank you sir...
Most welcome
crystal clear explanation sir... Thank you for ur efforts and expecting more videos related to application of statistical concepts
Thanks. Sure I will. Work in progress.
Really great delivery to the content. I appreciate it sir
Thank you. Do subscribe to the channel and share the content.
interesting explanation. love your enthusiasm! keep up the great work sir.
Thank you!
Great explanation Sir!
Glad you liked it!
Thanks a lot sir. School teachers only taught us how to calculate all this and get marks in exam but never explained the real life applications.
You are most welcome. All the best!
Sir you are really awesome.
Pls sir continue teaching us. . videos come after long long gap.
Thanks. Sure. Yes they do take time to shoot and produce. Will try to cut down the gap.
Very well explained. Thankyou 🙂🙏🏻
Thanks. Glad you liked it.
Awesome! thank you so much
Glad it helped!
This was helpful. Thank you
You're welcome! Glad it was helpful!!
Thank you very much sir. Those examples were so interesting & easy to understand.
You are most welcome. Glad to hear that! Do share and subscribe to the channel.
high quality video.
Thanks
Yes used Mode in daily life
👍
thnx sir..keep it coming. good job!
Thanks. I am happy you found it useful.
That is such a cool example at the end, for most touched objects. This is particularly interesting when thought of in the context of designing cleanroom laboratory's.
Subscribed, very good video overall.
Thanks.
Wow! That's a nice example you have shared for employing the concept of mode. Glad that you found it useful!
Thank you so much for an interesting lecture..
You are most welcome
Great video!!
Thanks!
Sir where we can use frequency distribution in daily life
Identifying Mode of data, understanding distribution of the data using histogram or for understanding preferences (product, taste, flavour etc.). Additionally, please lookup the video tutorials on probability distribution.
Hello @Learning Puree your contents are really helpful in deciphering practical applications. It's been long I was wondering where could I get such videos of statistics and here it is the best platform . Keep on doing the great work. Thanks :D
Thank you for those appreciative words. I am happy you find the content useful.
@@LearningPuree Please do more such videos for statistics as well as business management. Thank you
Yes. On the cards.
Sir u are great No words for u😍
Glad you liked it.
@@LearningPuree sir I request u to upload more videos I learnt core concept from u I have exams so please upload more videos as soon as possible
What are you studying? Which exam are you appearing for?
@@LearningPuree I am pursuing Bsc Statistics maths and economics
My semester is starting from 1 April
I like ur explaination sir
arithmetic mean of grouped data and its uses
please any book name about it
There are many Indian authors. Pick up any book referred for UG Stats in India.
Well explained
Thank you.
How we decide which variable will take on x-axis and which on y-axis. Plz tell me sir...
In case of correlation it does not matter. In case of regression, the independent variable will be on the x-axis.
SIR PLS MAKE NEW VIDEOS.. YOU HAVE A UNIQUE WAY OF TEACHING..
Sure I will .. WIP. Thank you!
amazing work
Thank you! Cheers!
thank you sir
Thank you Rajeev!
Awesome!!
Thanks!
Excellent explanation 🙏🙏
Thanks.
Great sir👌
Thanks!
U r simply great
Thank you so much 😀
I just used this with one of my adult students -- really helpful explanation! Nice job on this video.
Chanon, your words are encouraging! Truly happy that the content was useful to your student. Do let me know in case you would want any other topics covered under Statistics / Data Science / Marketing / Business Management / Personal Development etc.
@@LearningPuree will do, thanks!
good
Thanks
Sir Suppose A Valve Manufacturer Produce Their Valves ( A , B , C , D ) --- > there are four valve type and error shows ( A --> 5.2 , B ---> 0.2 , C ----> 0.5 , D ----> 1 ) , so it shows a skewed graph but to get better solution what error value that should be taken by valve manufacturer ? is that median of those error values or mean ???
The fact that you have different valves, you do not have a homogenous dataset. Further, you are referring to some error in manufacturing of each valve type. What decision do you want to arrive at?! A tool need not be used simply because it is available!
@@LearningPuree Sir Valve manufacturer try to pic one value of error from that dataset that I given, thus they can make all the valves, producing minimum error
Again, it depends on what what business decision is required. You have already mentioned that all are different types of valves. So, one cannot compare apples with oranges. However, if the manufacturer wants to choose between valve types based ONLY on minimum error (and no other constraints/factors) then he is free to do so.
Good job thank you
Welcome 😊
Its owsum
Glad you liked it!
Can you help with some examples where average is a better measure to use than median?
I understand you are referring to Arithmetic Mean versus Median. To help you out, if you have understood the basic concept behind the selection of a measure it should serve the purpose.
yes,
Nice
Mean uses when data not skewed
Median and mode use when data skewed
Like : 3,7,10,12,15,19, 20 in this we use mean bcz data not skewed
3,10,50,75,200 in this we can't use mean bcz data skewed
Is it ryt???
But sir what is positive skewed or negative skewed???
The point to note is that when we have extreme values in the data, then Mean may not be the right choice. To an extent, the example on 3, 10 and 200 could be acceptable. Skewness refers to how much the data when plotted on a graph is asymmetric indicated by how many less frequent values towards one tail (side) of the curve. The graphic in the video is a good example of the same. A quick way of understanding positive skew is whether the tail is longer and thinner towards the right which means more frequency of values on the left. Negative skew is exactly the opposite.
If we have to take average air temperature on daily basis, what method we can adopt (mean, mode, median).
Eg. Maximum temperature is 10 degree & minimum temperature is -2 degree.
Is it suitable to take mean, as median, mode seems to be impossible here.
We cannot employ a tool simply because it is available. The domain and data is studied before employing any tool. Moreover, taking a Mean does not imply simply taking an average of 2 extreme readings. Temperature is tracked hourly, throughout the day.
@@LearningPuree we take daily range temperature..difference of maximum and minimum temperature.
@@manzoorwanigeo2335 The choice of the parameter you track is decided by the domain requirement. Range identifies the dispersion, not the central tendency. You would know that temperature is a continuous variable and a distribution can be plotted through the time period it is tracked. The distribution needs to be studied on what parameters you choose to track.
so cool
Thanks!
Like it
Glad you liked it!
Impressive talking style can beat any film hero.
😃
👍
👍
Sir aapne Kya padha hai..degree
What about this case - 1,2,50,99,100.
If you have followed through the concept, the answer is all too evident!
@@LearningPuree The answer for median is evident but 50 is not representing the set. I mean let's take the classic example of Median - A family of different ages wants to watch a TV programme and the programme will be of the median age. In this case the median comes as 50 but in practical sense it makes no sense.
Anmol, the question you asked was without reference of any source of the data. In that context the answer is evident. To which you do agree! Now, let us consider the example of the source of the data you have provided. In practical sense I am yet to see a 1 year old or a 2 year old able to watch and understand a TV program that is ALSO consumed by 50 + year old. Please understand any data is always studied for actionability with reference to the source of the data and the TG.
Can I get some real life examples for grade VII
Archana, all the 3 concepts are examples of an "Average" which means the middle number OR a balanced number. To initiate the concept, you could use the concept of tally marks, placing dots on a line or may be even employ pictures. Number line is another best way to initiate the concept, then get them "warmed-up" before graduating to the next level of "real-life". There is NO single way in which these concepts can be explained to this level of the student. The best way is to tailor the life example with which the child identifies i.e. either Chocolate/Pizza/Cake/Pancake(Roti)/Apples etc. Mostly, the first 3 work :)
👍👍👍
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I liked the content except I found you too fast.
👍