Understanding Statistical Measures: Mean, Median, & Mode in Life Expectancy and U.S. Income.

Understanding Statistical Measures: Mean, Median, & Mode in Life Expectancy and U.S. Income.

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Understanding Statistical Measures: Mean, Median, & Mode in Life Expectancy and U.S. Income.
This video covers how the Mean, Median, and Mode can be used and misused in analyzing life expectancy and U.S. income data. Timestamps: 00:00 - Inro 00:24 - Understanding Mean, Median, Mode 02:34 - Sensitivity To Outliers 04:40 - Examples With Income 08:51 - Examples With Life Expectancy 12:52 - Conclusion