Business Studies, asked by tarunbansal4411, 30 days ago

Discuss the merits and demerits of the different average In common use with special reference of these certeria

Answers

Answered by itzbhavesh282

4

Answer:

Arithmetic mean rigidly defined by Algebraic Formula.

It is easy to calculate and simple to understand.

It is based on all observations of the given data.

It is capable of being treated mathematically hence it is widely used in statistical analysis

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