Arithmetic mean is not based on all observations. (State True or False)
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Answered by
1
True, extreme values can affect the outcome seriously.
Answered by
3
Answer:
True
Explanation:
Arithmetic mean -
It is defined as the sum of all observations in the distribution divided by the number of observations
Advantage -
It is value as always definite
It is easy to calculate and easy to understand
It is based on the observations so that it becomes a good representatives
Disadvantage -
It is affected by extreme values
Can not be calculated if data is open end continuous interval
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