How to use MEAN, MEDIAN, and MODE averages in Excel

In this video, we dive into three fundamental statistical functions: mean, median, and mode. We explore their nuances and learn how to apply them effectively in Excel. Mean, synonymous with average, computes the sum of numbers divided by the count. Median identifies the middle value in a dataset, often slightly differing from the mean. Mode reveals the most frequently occurring value. We dissect each function, examining their outputs and understanding their differences. Join us in demystifying these essential statistical tools to enhance your data analysis skills.
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