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Measures of Central Tendency — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsMeasures of Central Tendency1 Mark
Question
Give three merits of arithmetic mean over other averages.
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Answer

Merits:
  • It is rigidly defined.
  • It is easy to calculate and simple to follow.
  • It is based on all the observations.
  • It is determined for almost every kind of data.
  • It is finite and not indefinite.
  • It is readily put to algebraic treatment.
  • It is least affected by fluctuations of sampling.

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