Economy, asked by shreya0702, 3 months ago

Arithmetic mean should not be unduly affected by extreme values.


1) True

2) False

Answers

Answered by mahaknalode1435
0

This statement is true for Arithmetic to mean. The arithmetic mean is most affected by the presence of extreme items. It is one of the prime demerits of the arithmetic mean. It is easily distorted by the extreme values, and also the value of arithmetic mean may not figure out at all in the series.

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