Why are the mean, median, and mode like a valuable piece of real estate?
LOCATION! LOCATION! LOCATION! *All you beginning students of statistics just remember that measures of central tendancy are all POINTS on the score scale as oppposed to measures of variability which are all DISTANCES on the score scale. Understand this maxim and you will always know where you are LOCATED! • Why did the statistician do such a horrid job of laying tile on his bathroom floor? He incorrectly PARTITIONED SOME OF THE SQUARES!! *This explains why you never see a statistician’s bathroom featured in BETTER HOMES AND GARDENS! • Why did the Statisticians trounce the Accountants by a score of 56-0 in their annual football game? The Statisticians employed a BALANCED DESIGN in their offense and effectively used risk in their playbook whereas the Accountants ran only one play ENDRUN and kept risk entirely OFF their playBOOK!!! *I just had to get this dig in at the Accountants. Statisticians may look down at their shoes a lot but they are only verifying they are on a good foundation.
