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Partition Values — Economics STD 11 Commerce / Arts — Question

Maharashtra BoardEnglish MediumSTD 11 Commerce / ArtsEconomicsPartition Values4 Marks
Question
Average can misinterpret the representative value.
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Answer

Yes, I agree with the statement.
  • Average is not based on all observations because it is a positional average and their values are affected by sampling fluctuations.
  • Averages give more importance to larger values and less to smaller values.
  • Thus, such data can misinterpret the representative value.

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