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Statistics - Measures of Central Tendency for CA/CS/CMA /CFA

Learn the measures of Central Tendency covering Mean, Median and Mode
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Last updated 8/2016
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  • 2.5 hours on-demand video
  • 5 Supplemental Resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
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Welcome to the course Statistics - Measures of Central Tendency.

In this course, you will understand the concepts of Measures of Central Tendency.

You will learn that there are two types of averages namely Simple Average and Special Average.

Simple Averages are Mean, Median and Mode and Special Averages are Geometric Mean and Harmonic Mean.

Gaining knowledge on Averages will help us to analyse the information, when we large volume of data. Yes! When we have large volume of data, it would not be possible to analyse each and every data. In such cases, averages plays a critical role. Averages are part of large volume of data, but will represent the volume.

This course will explain the theory and practical aspects in averages.

This course uses simple terminologies and the target audience are any one who are interested in learning basics of statistics.

Video lectures were used for delivering the course content.

This course is structured in self paced learning style.

Take this course to gain clarity and authority in Basics of Statistics.

Who is the target audience?
  • This is a basic level course. Any one interested to learn basics of Statistics can take this course.
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What Will I Learn?
Understand Arithmetic Mean
Understand Mean, Median and Mode
Apply Measures of Central Tendency in real life
View Curriculum
  • No basic knowledge is required.
  • Students can approach this course with fresh mind.
Curriculum For This Course
Expand All 31 Lectures Collapse All 31 Lectures 02:32:18
1 Lecture 03:49
Arithmetic Mean
4 Lectures 10:54
Case Study - Arithmetic Mean
1 page

Arithmectic Mean

Case Study - Arithmetic Mean Short cut method
1 page

Arithmetic Mean Short cut method
Arithmetic Mean Grouped Data
4 Lectures 16:05
Case Study - Arithmetic Mean Grouped data
1 page

Case Study - Arithmetic Mean Class Intervals
1 page

Arithmetic Mean Class Intervals
7 Lectures 39:39

Median case study

Median Discrete Frequency Distribution

Case Study Median Discrete Frequency Distribution

Median Continuous Freqnuency Distribution

Median Continuous Frequency Distribution Exclusive Class Intervals

Median Graphics
15 Lectures 01:09:51

Quartiles Raw or Ungrouped Data

Quartile Discrete Serie

Quartile Continuous Series Explanation

Quartile Continuous Series Case Study


Decile for Grouped Data Case Study


Percentile Grouped Data Case Study


Mode for Grouped Data

Mode for Continuous Frequency Distribution Case Study

Mode for Continuous Frequency Distribution Case Study

Mode Case Study Using Grouping Method

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8 pages
About the Instructor
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I am a Chartered Accountant with tonnes of passion for teaching.

I teach Financial Management & Strategic Financial Management for Chartered Accountancy, Cost and Management Accountancy and Company Secretary students in Ernakulam, India. I also hold Post Graduate Diploma in Business Administration in Finance from Symbiosis, Pune and Bachelors in Commerce, from Loyola College, Chennai.

I worked in State Bank of India as Assistant Vice President - Credit for a period of four years after which i started my Chartered Accountancy Practice. During the stint in State Bank of India, I worked on credit proposals of Mid Corporate Units and gained good experience in Financial Analysis, Risk Assessment, Viability Study, Evaluating business models, Project Finance, Working Capital Management, etc.

I conduct work shops for Entrepreneurs, Chartered Accountancy / Cost and Management Accountancy Students on the topics like Project Finance, Credit Risk Assessment, Entrepreneurship Development, Finance for Non Finance Executives, etc.

I love teaching and i want fundamentals of accounting and finance to reach students and so i am here.

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