## Statistics Calculator

Use this calculator to calculate the mean, median, and mode of a set of values.

**Frequently Asked Questions (FAQs):**

**What are mean, median, and mode, and why are they important?**- Mean, median, and mode are central tendency measures used to summarize data. Mean is the average, median is the middle value, and mode is the most frequent value. They’re important in data analysis for providing insights into the center of the distribution.

**What are the formulas for calculating mean, median, and mode?**- The formula for calculating the mean of a dataset with
**n**values, denoted as**x₁, x₂, …, xₙ**, is:

- The formula for calculating the median depends on whether
**n**is odd or even. If**n**is odd, the median is the middle value. If**n**is even, the median is the average of the two middle values. - The mode is the value that appears most frequently in the dataset.

- The formula for calculating the mean of a dataset with
**How do I interpret mean, median, and mode values?**- Mean represents the average value, median indicates the middle point, and mode reveals the most common value. Mean is sensitive to extreme values, while median is robust. Mode helps identify peaks or frequently occurring values.