Economy, asked by bingiManish8211, 1 year ago

Write the drawbacks of the median.

Answers

Answered by SaravananJayanthan
0
It does not take into account the precise value of each observation and hence does not use all information available in the data. ... If we pool the observations of two groups, median of the pooled group cannot be expressed in terms of the individual medians of the pooled groups. Hey mate I hope it helps u plzz mark me as brain list
Answered by Anonymous
0

Explanation:

Median is the middle number in a number set that has been sorted. In order to determine the median value in a number sequence, the numbers must first be sorted or arranged in order of value from the lowest to the highest or from the highest to the lowest.

The drawbacks of median are -

- The approach is tedious as all data should be put in ascending and descending order in the calculation of the median.

- The method is unfit for research as well.

- In case of odd analysis, the median gives the correct answer. however, it is Unfit for even analysis

- Often there can be Inappropriate for fraction and percentage.

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