state 3 merits of arithmetic
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Merits of Arithmetic Mean
The arithmetic mean is simple to understand and easy to calculate.
It is influenced by the value of every item in the series.
A.M is rigidly defined.
It has the capability of further algebraic treatment.
It is a measured value and not based on the position in the series.
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Merits of arithmetic mean are
1) It is easy to calculate and simple to understand.
2) It is based on all observations of the given data.
3) It is capable of being treated mathematically hence it is widely used in statistical analysis.
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