Economy, asked by tanuja61, 2 months ago

state 3 merits of arithmetic ​

Answers

Answered by shravani9490
6

Answer:

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.

Answered by LoneSoul07
38

Answer:

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.

Mark as brainliest please.

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