what criteria do you apply to judge the merits of an average? Discuss the merits and demerits of the different averages in common se with special reference to these criteria.
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Average and Types of Averages
Average.
Desirable Qualities of a Good Average.
(2) It should be clearly defined by a mathematical formula.
(3) It should not be affected by extreme values.
(4) It should be based on all the observations.
(5) It should be capable of further mathematical treatment.
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