By mswatcher
via blogs.lessthandot.com
Submitted: Feb 09 2012 / 08:43
An average is the "middle" value in a set of data values. When talking about or calculating an average, most people consider using the "mean". However, there are also "median" and "mode" to take into consideration. Each is calculated differently, and can produce drastically different results across a data set. As a data professional, particularly when working with business intelligence and reporting, knowing what data point the business or user needs to know is of utmost importance.
Add your comment
