Mean, Mode, Median: Definition, Examples, Sample Questions and Tips

Quantitative Aptitude Prep Tips for MBA 2024

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Vipra Shrivastava

Vipra ShrivastavaSenior Manager - Content

Updated on Nov 26, 2024 15:57 IST

Mean, mode and median are three primary and essential data handling tools used to segregate numbers upon their tendency and process them to receive desired results. Questions based on Mean, Mode, Media are often asked in Quantitative Aptitude and Data Interpretation sections of MBA entrance exams. Here, we share detailed discussion on Mean, Mode and Median along with formula, illustrated examples and frequently asked questions. Let us understand the concept of ‘Mean’ first.

What is Mean?

Mean is one of the central tendencies of a data set that is used to represent the average of a data set. It is one of the basic yet the most important tools for ascertaining ‘average’ in statistics.

In simple terms, Mean is defined as an ‘average’ of a numerical dataset. It is calculated by adding all the observations of a data set and then dividing it by the total number of observations. Let us learn all types of Mean.

Arithmetic Mean: The most common type of representative value of a group of data is also called as ‘Arithmetic Mean’ or the ‘Mean’.

Formula of Arithmetic Mean: 

x= x1+x2+x3.........xn/n

Example: Vaibhav studied 3 hours, 4 hours, and 5 hours respectively for 3 consecutive days. Calculate how many hours did he study daily on an average?

Solution: 3 + 4 + 5 / 3 = 4 hours per day

Weighted Mean: Weighted mean is a way of calculating the average of a data set where each observation has a different weight. Note, weights of the observation cannot be negative. So, the weighted mean is important in data analysis, weighted differential, and integral calculus.

Formula of Weighted Mean:

Here, x = repeating value,

w = no. of occurrence of x weight

Formula of Harmonic Mean (For Ungrouped Data)

H.M of X = n/(1/x1+1/x2+1/x3+……………+1/xn)

For example: Harmonic mean of the given data set {8,9,6,11,10,5}

HM = 6/(1/8+1/9+1/6+1/11+1/10+1/5) = 6/0.7936 = 7.560

Formula of Harmonic Mean (for Grouped Data)

HM of X = f1+f2+f3+…………….+fn/ (f1/x1+f2/x2+f3/x3+…………….+fn/xn)

Geometric Mean: It is used to calculate the geometric mean of the given data set.

Example: Find Geometric Mean of 4, 8, 3, 9, 17

Solution: total number of values (n) = 5, therefore, 1/n = 1/5 = 0.2

Now, (4*8*3*9*17) ^0.2 = 6.814

Illustrated Examples of Mean

Example 1: Calculate the mean runs scored by a batsman in 6 innings. The runs scored by him are: 36,35,50,46,60,55

Solution: 36+35+50+46+60+55/6 = 47. Thus, 47 runs were scored by the batsman in an inning.

Example 2:  The data set represents the age of 10 teachers. Calculate the mean of their ages. Their ages are: 32,41,28,54,35,26,23,33,38,40

Solution: 32+41+28+54+35+26+23+33+38+40/10 = 35 years

Example 3: What is the mean of the first five natural numbers?

Solution: 1+2+3+4+5/5 = 3

What is Mode?

A mode is the repeated value occurring in a given set of data. Let's understand its types and uses. 

Example: We have a data set containing numbers {2, 4, 4, 5, 4, 6, 7}. Here, the mode or modal value is ‘4’ as it has appeared the maximum number of times in the set.

What are the Types of Modes?

A mode is of three types—bimodal, trimodal, and multimodal. Let us understand them one by one.

  • Bimodal: Bimodal refers to ‘two’ modes in a particular data set. When two distinct values or numbers repeat frequently, then that set is called a bimodal data set.
  • Example: Consider a set {1, 2, 2, 2, 3, 4, 4, 4, 5, 6, 7}. Here, values 2 and 4 are repeating equally, i.e., thrice. Therefore, the given set mode is both 2 and 4, and so, the set is called a bimodal set.
  • Trimodal: Trimodal refers to ‘three’ modes in a particular data set. When three distinct values or numbers are repeated frequently and equally, the set is called a trimodal data set.
  • Example: Consider a set {1, 1, 1, 2, 2, 2, 3, 3, 3, 4, 5, 6}. Here, 1, 2, and 3 are repeating frequently and equally. Therefore, the set is a trimodal set and the mode is 1, 2, and 3.
  •  Multimodal: In a multimodal set, four or more modes appear in a data set. When 4 or more distinct values are repeated frequently and equally, the set is called a multimodal data set.
  • Example: Consider a set {1, 1, 2, 2, 3, 3, 4, 4, 5, 6}. Here, 1, 2, 3, and 4 are repeating frequently and equally. Therefore, the mode of the given set is 1, 2, 3, and 4.

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Finding Mode

The table below illustrates the wickets taken by a bowler in 10 matches. Find the modal value or mode of the given data set.

No. of Matches Played No. of Wickets Taken
1 3
2 1
3 1
4 3
5 3
6 1
7 0
8 3
9 2
10 2

In the above-given data set, 3 is the mode as it appears frequently. But how to find mode in case of a grouped data set having a grouped frequency of data? For ascertaining the exact mode, we need to first calculate the modal class within which lies the mode.

The formula is:

Mode formula
Here,

l = lower limit of the modal class,

h = size of the class interval,

f1 = modal class frequency,

f0 = modal class frequency of the preceding class,

f2 = modal class frequency of the succeeding class.

Let us understand and learn how to calculate the mode of grouped frequency distribution with the following example:

An educational survey was conducted on 20 families by a group of school students to collect data on the family size. The following table showcases data on family size and the number of families.

Family Size No.of Families
1 – 3 7
3 – 5 8
5 – 7 2
7 – 9 2
9 – 11 1

The formula is:

Mode formula

Therefore, the mode is 3.286

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Illustrated Examples: Mode

Example 1: Find the mode of the given data set: 3, 3, 3, 6, 10, 15, 15, 27, 37, 48

Solution: 3

Example 2: Find mode of the given data set: 3, 3, 3, 6, 10, 15, 15, 27, 37, 37, 37, 48

Solution: 3 and 37

Example 3: Find the mode of the given data set: 3, 6, 10, 14, 15, 27, 37, 48

Solution: No mode

What is Median?

Statistics include the study of research, introduction, perception, organisation, and data collection. The data can be used for evaluation after it is organised and displayed fittingly.

Grouped Data

The observations are grouped in ascending or descending order to determine the median of a collection of data. Then, the middle or central value of the sequence of examples gives us the median of the data.

Two instances can occur based on the following observations, i.e., either the overall number of observations would be odd or even. The median is calculated using a separate formula in both cases.

If the data set contains an odd amount of observations, then:

Median formula

If the data set contains an even number of observations, then:

Median = Mean of (n/2)th and [(n/2) + 1]th observations.

Median of Grouped Data

We must find the cumulative frequency and n/2 to find the median of a clustered result.

And we have to find the median class, which would be the cumulative frequency class equal to or greater than the n/2 value. By combining the frequencies of all the groups preceding the given class, the total frequency is determined.

Then, replace the values in the formula with

Median formula

Median formula:

where l = lower limit of the median class,

n = no. of observations,

cf = cumulative frequency of the class preceding the median class,

f = frequency of the median class,

h = size of class.

Illustrated Examples: Median

Example 1: Find the median of 18, 69, and 59?

Solution: Put them in ascending order: 18, 59, 69

The middle number is 59, so the median is 59.

Example 2: Find the median of the following:

5, 18, 78, 26, 23, 93, 83, 41, 25, 15, 13, 68, 24, 30

Solution: When we put those numbers in the order we have:

5, 18, 78, 26, 23, 93, 83, 41, 25, 15, 13, 68, 24, 30

There are fifteen numbers. Our middle is the eighth number:

The median value of this set of numbers is 25.

Example 3: Amit’s family drove through seven states on winter vacation. The prices of oil differ from state to state. Calculate the median oil cost.

1.65, 1.85, 1.90, 1.74, 2.06, 2.10, 2.18

Solution: Organising the data in ascending order, we get:

1.65, 1.74, 1.85, 1.90, 2.06, 2.10, 2.18.

Hence, the median oil cost is 1.90.

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FAQs Related to Mean, Mode and Median Questions

Q: What is the use of mean in statistics?

A: Mean is used to find the average of the given data set.

Q: What are the types of mean?

A: The types of mean are: Arithmetic Mean, Weighted Mean, Geometric Mean, and Harmonic Mean.

Q: What is the use of a weighted mean?

A: The weighted mean is used to calculate the average of a given data set where the weight of each observation is different.

Q: Is arithmetic mean and weighted mean the same?

A: No, both are different. However, if all the observations carry the same weight then the arithmetic mean and weighted mean can be the same.

Q: Can you calculate Geometric Mean based on Arithmetic Mean?

A: No, Geometric Mean cannot be based on Arithmetic Mean as GM calculates the nth root of the product of ‘n’ numbers. For example, GM of 4 and 3 = √(4*3) =2√3 = 3.46.

Q: How is mode useful?

A: A mode is a data functionality used for segregating data on a set parameter of repeating frequently.

Q: Can there be NO mode?

A: Yes, if the given data set does not have any value repeating itself more than once, it is a no-mode set.

Q: How many modes can be there in a data set?

A: A data set can be multimodal, i.e., there can be 4 or more modes.

Q: What are the types of modes?

A: There are three types of modes: bimodal, trimodal, and multimodal.

Q: Does mode refer to the value that repeats maximum times?

A: Yes, a mode is a value that has the highest frequency in a data set.

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