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Measures of central tendency — Statistics STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceStatisticsMeasures of central tendency3 Marks
Question
State the characteristics of an ideal average.
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Answer

  • It should be well defined. clear and precise.
  • It should be easy to understand and calculate.
  • It should be based on all the observations of the data.
  • It should be suitable for further algebraic operations.
  • It should be a stable measure. i.e, it should be free from sampling effects.
  • It should not be unduly affected by too large or too small observations.
  • It should be widely used in data analysis.

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