Measures of Central Tendency are statistical tools used to summarize a set of data by identifying the central point within that data. The three main measures are the mean, median, and mode. The mean is the average of all values, the median is the middle value when data is ordered, and the mode is the most frequently occurring value. These measures help in understanding the overall trend of the data and are widely used in various fields, including education, business, and healthcare. By providing a single value that represents a dataset, they simplify complex information for analysis and decision-making.