Question

Give the four objectives of arithmetic mean

Answer 1

Answer:

mean, median and mode

Explanation:

out of four above Mean, median and mode

Answer 2

Answer:

HERE'S THE ANSWER....!☑

The objectives are:--

• To present a brief picture of data: It helps in giving a brief description of the main feature of the entire data.

• Essential for comparison: It helps in reducing the data to a single value that is used for doing comparative studies.

• Helps in decision making: Most of the companies use measuring central tendency to plan and develop their businesses’ economy.

• Formulation of policies: Many governments rely on this medium while forming any policies.

Hope it helps you dear ˙˚ʚ(´◡`)ɞ˚˙