Please see below for Assingment descrption. I will be attaching the reading and the questions below needs to be answered. Thanks
** After reading Linneman, Chapter 3 (Central Tendency and Variation), answer the following questions:
******************* Questions:
a) Discuss your understanding of the concept “Measure of Central Tendency”;
b) Identify two (2) commonly used measures of central tendency and discuss the strengths and weaknesses of each measure;
c) When describing a data distribution, why is it necessary to assess the variation around the mean?
d) Discuss the various ways in which the variation around the mean can be assessed.