central tendency


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Related to central tendency: standard deviation, measures of dispersion

central tendency

n
(Statistics) statistics the tendency of the values of a random variable to cluster around the mean, median, and mode
References in periodicals archive ?
describe and account for central tendency and variation in the intakes of vitamin E from natural sources;
5% midpoint of the central tendency of estimates submitted by Fed officials at their March meeting, the last time they issued updated forecasts.
We also excluded cases in which the compensation was given as less than $10,000 USD, and the highest salary range was limited to $200,000 USD to prevent a limited number of outliers from distorting the true central tendency of the computed average salaries in each category.
The most common of these descriptive statistics are the measures of central tendency.
The central tendency of FOMC forecasts for the unemployment rate at the end of 2014 declined from 6.
The discussion as to why these values were different introduced some good introductory thoughts on variance in addition to the discussion of the measures of central tendency, which was the main aim of the activity.
8 percent in 2014:Q4 is within the SEP's central tendency of 6.
The central tendency describes a pattern of unemployment rates that steadily decline from 7.
Random measurement error will take the form of a bell-shaped curve distribution and will represent the probabilities for uncertainty of an estimated central tendency of the random error.
The central tendency, which excludes the three highest and three lowest projections, shows the FOMC participants anticipate the jobless rate will move in a range of 6.
They assume readers have completed at least a general introduction to statistics course, and so are profligate with such basic concepts as measures of central tendency, measures of dispersion, and standard scores.
Specifically, our projections for growth in real GDP prepared for the meeting had a central tendency of 1.
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