Cheat sheet · Class 11 · CBSE · Commerce Economics
Statistics: Measures of Central Tendency cheat sheet
The whole chapter on one page: key formulas, facts and the points to remember, for quick revision before a test.
CBSE Class 11 · Economics
Cheat sheet
Chapter 5Statistics: Measures of Central Tendency
Mode = 3 Median − 2 Mean (moderately skewed data).
1. Arithmetic Mean
(assumed mean)
(step deviation)
Sum of deviations from the mean is zero.
2. Median
Ungrouped: the (N + 1)/2-th item after arranging.
3. Mode
4. Quartiles
at , at — same formula as median with these positions.
5. Key Points
- Mean is affected by extreme values.
- Median for open-ended classes.
- Mode can be found graphically (histogram).
- Weighted mean gives importance to items.
Remember: Mean 3 methods | median & mode formulas | quartiles
Statistics: Measures of Central Tendency: questions and notes
More Class 11 · CBSE · Commerce Economics cheat sheets
- Statistics: Introduction
- Statistics: Collection of Data
- Statistics: Organisation of Data
- Statistics: Presentation of Data
- Statistics: Measures of Central Tendency
- Statistics: Correlation
- Statistics: Index Numbers
- Microeconomics: Introduction
- Microeconomics: Theory of Consumer Behaviour
- Microeconomics: Production and Costs
- Microeconomics: The Theory of the Firm under Perfect Competition
- Microeconomics: Market Equilibrium
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