Discuss the usefulness of each of the measures of central tendency with respect

Question

Discuss the usefulness of each of the measures of central tendency with respect to the following situations. a. A doctor is interested in analyzing the increase in systolic blood pressure caused by a certain chemo drug. Would the doctor be more interested in studying the mean, median, or mode of the systolic blood pressures? b. The motor vehicle manufacturer is trying to decide which colors it should offer for a new sports utility vehicle. In analyzing the preferred colors of other sports utility vehicles, would the manufacturer be more interested in the mean, median, or mode of the colors? c. The marketing director for an advertising agency is trying to target an ad campaign that will be shown in one city only. Would he be more interested in the mean or median family income in the city? Discuss the usefulness of each of the measures of central tendency with respect to the following situations. a. A doctor is interested in analyzing the increase in systolic blood pressure caused by a certain chemo drug. Would the doctor be more interested in studying the mean, median, or mode of the systolic blood pressures? b. The motor vehicle manufacturer is trying to decide which colors it should offer for a new sports utility vehicle. In analyzing the preferred colors of other sports utility vehicles, would the manufacturer be more interested in the mean, median, or mode of the colors? c. The marketing director for an advertising agency is trying to target an ad campaign that will be shown in one city only. Would he be more interested in the mean or median family income in the city?

Explanation / Answer

Answer:-

(a):-Doctor will be more interested in studying the mean because mean is depend on all observations. Here all the units should be considered for the average.

(b):-Manufacturer will be more interested in the mode of the colors Because mode is used for on an average highest fluctuated value of the data.

(c):- The marketing director for an advertising agency will be interested in median family income in the city because of median divide the data in two equal parts. The income data may have some extreme values.

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