ECONOMICS

Detailed explanation-1: -Hence, the median always between Mean and Mode.

Detailed explanation-2: -In case of a positively skewed frequency distribution, the mean is always greater than median and the median is always greater than the mode. In case of a negatively skewed frequency distribution, the mean is always lesser than median and the median is always lesser than the mode.

Detailed explanation-3: -Answer: The mean (average) of a data set is found by adding all numbers in the data set and then dividing by the number of values in the set. The median is the middle value when a data set is ordered from least to greatest. The mode is the number that occurs most often in a data set.

Detailed explanation-4: -Answer and Explanation: Statement: The mean is always equal to the median for a normal distribution. For an ideal normal distribution, the distribution is symmetric to the mean value. It means the value that divides the distribution into two halves known as median coincides with the average value.