Business Studies, asked by Ramsaigaurav, 3 days ago

explain the properties of average and their limitations​

Answers

Answered by Oyevarshu
3

Explanation:

An average may give us a value that does not exist in the data. For example, the arithmetic mean of 100, 300, 250, 50, 100 is 800/5 = 160, a value that does not exist in the data.

At times the average may give a very absurd result

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