A major disadvantage of the arithmetic means is that it is
ECONOMICSJAMB 2011
A major disadvantage of the arithmetic means is that it is
- A. not useful for large data
- B. not suitable for further statistical analysis
- C. cumbersome to determine the actual value
- D. affected by extreme data
Correct Answer: D. affected by extreme data
Explanation
One of the disadvantage of the arithmetic mean is that it is not the best measure to use with data sets containing a few extreme values or with more dispersed (volatile) data sets in general.
Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly.
Your email address will not be published. Required fields are marked *