Accountancy, asked by dahlington20, 6 months ago

What are the advantages and disadvantages of an arithmetic mean as a measure of Central tendency

Answers

Answered by janmiya23
1

Explanation:

Advantages and disadvantages of measures of central tendency

1. The figure produced will be one that is actually in the set of numbers which is not always true for other measures of central tendency e.g. in a sequence of 3 6 3 11 4 3, the mode = 3. This number we can see is present in the sequence. ...

2. It is the only measure of central tendency which is useful for nominal data.

Arithmetic mean is simple to understand and easy to calculate. It is rigidly defined. It is suitable for further algebraic treatment. It is least affected fluctuation of sampling

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