What is the actual use of the median and mode in statistics compared to the average (mean)?

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What is the actual use of the median and mode in statistics compared to the average (mean)?

In: Mathematics

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Anonymous 0 Comments

I use median much more often than mean, just to say. If you don’t know the distribution, and most likely it’s gonna be skewed in one direction, then taking the mean is not too good to estimate the mode. Many processes in nature create log normal distributions, or many distributions are too close to an absolute limit, like 0 or so. In these cases i prefer taking the median, it ignores outliers much more easily if you got enough samples

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