Mean, Median and Mode from a Decision Perspective


Authors: 
Melinda Miller Holt and Stephen M. Scariano
Volume: 
17(3)
Pages: 
Online
Year: 
2009
Publisher: 
Journal of Statistics education
URL: 
http://www.amstat.org/publications/jse/v17n3/holt.html
Abstract: 

The classroom activity described here allows mathematically mature students to explore the role of mean, median and mode in a decision-making environment. While students discover the importance of choosing a measure of central tendency, their understanding of probability distributions, maximization, and prediction is reinforced through active learning. The lesson incorporates the GAISE recommendations by actively engaging students in the process of statistical problem-solving in a realistic situation.

The CAUSE Research Group is supported in part by a member initiative grant from the American Statistical Association’s Section on Statistics and Data Science Education

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