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Answer and Explanation:
Measures of central tendency is a central value that summarizes the distribution for a set of data. It could be seen as a middle value or an average that is used to measure most likely value in a probability distribution using a representative value. Central tendency measures include : arithmetic mean, median and mode. From the question, the arithmetic mean, median and mode for the tea bag company are 5.525, 5.53 and 5.54 respectively. The arithmetic mean represents the average distribution of products from which differing values may scew or cause outliers. The median represents distribution of products based on products that fall in between the upper and lower extremes. The mode represents the distribution of products based on how common products occur in sales.
Yes the measure of central tendency is important to the company because it helps the company plan ahead, knowing the average allows production planning to make enough provision to meet demand and production target(not going below or above) while also ensuring there is efficiency in production
