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Measures of Central Tendency
Measures of Central Tendency are statistical values which tend to happen at the centre of any well ordered set of data. When these measures happen they do not show the centre of that data. These measures are as given below:
i. The harmonic mean
ii. The mode
iii. The geometric mean
iv. The median
v. The arithmetic mean
Question: All rates should be calculated to 3 decimal places in % (e.g. 1.234%), the discount factors to 5 decimal places (e.g. 0.98765), and the bond prices to 3 decimal place
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EXPLAIN ME ABOUT ITS FUNCTIONS.
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