Economy, asked by orgjj, 2 months ago

State four merits of median.

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Answered by wwwnandlalkumar91180

0

Answer:

It is the value of the variable such that the number of observations above it is equal to the number of observations below it. 1) It is easy to compute and understand. 2) It is well defined an ideal average should be. 3) It can also be computed in case of frequency distribution with open ended classes.

Explanation:

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