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Statistics Cheat Sheet

31 Oct 2026

  • Statistics
  • mean median mode
  • central tendency
  • range
  • averages
  • quantitative aptitude

Quick answer

A quick revision cheat sheet on basic statistics for SSC, Banking, Railway and state exams. It covers the three measures of central tendency — mean, median and mode — with their formulas, how to find each for a set of values, the range, and the empirical relationship between mean, median and mode, with worked examples.

Statistics Cheat Sheet

Quick Revision

Statistics begins with the three measures of central tendency — the mean, the median and the mode — each a different way of finding the "centre" of a set of numbers.

Statistics cheat sheet: the mean, median and mode with their formulas, the range, and the empirical relationship between the three measures.


1. Mean (Average)

Mean = Sum of all values / Number of values

Example

For 4, 8, 10, 14: Mean = (4 + 8 + 10 + 14) / 4 = 36 / 4 = 9.


2. Median (Middle Value)

Arrange the values in order, then:

  • Odd number of values → the middle value.
  • Even number of values → the average of the two middle values.

Example

For 3, 5, 7, 9, 11 (odd, 5 values): the median is the 3rd value, 7. For 4, 8, 10, 14 (even): median = (8 + 10) / 2 = 9.


3. Mode (Most Frequent)

The mode is the value that appears most often. A set can have one mode, more than one, or none.

Example

For 2, 3, 3, 5, 7, 3, 8: the mode is 3 (it appears three times).


4. Range

Range = Highest value − Lowest value

For 4, 8, 10, 14: Range = 14 − 4 = 10.


5. Empirical Relationship

For a moderately skewed set, the three measures are linked by:

Mode = 3 × Median − 2 × Mean

6. Exam Quick Tips

  • Always sort the values before finding the median.
  • For an even count, the median is the average of the two middle values.
  • A set can have no mode (all values different) or several.
  • Remember the empirical link: Mode = 3 Median − 2 Mean.

Keep revising with the rest of the Maths section:

How this was made: Drafted with AI assistance; spot-checked by the editor on 31 October 2026.