Demerits and merits -the arithmetic mean or a.m, Mathematics

Assignment Help:

Demerits and merits of the measures of central tendency

The arithmetic mean or a.m

Merits

i.  It employs all the observations given

ii. This is a very useful statistic in terms of applications. This has some applications in business management for illustration as: hypothesis testing, quality control and so on.

iii. This is the best representative of a described set of data if such data was acquired from a normal population

iv. The arithmetic mean can be determined accurately by using mathematical formulas

Demerits

i. If the data is not drawn from a 'general population, then the arithmetic mean may provide a wrong impression about the population

ii. In some situations, the arithmetic mean may provide unrealistic values especially when dealing along with discrete variables for illustration as: when working out the average no. of children in a number of families. This may be found that the average is 4.4 which is un-realistic in human beings

 


Related Discussions:- Demerits and merits -the arithmetic mean or a.m

Trignomatry, what is the trignomatry ratio

what is the trignomatry ratio

Series solutions to differential equations, Before searching at series solu...

Before searching at series solutions to a differential equation we will initially require to do a cursory review of power series. So, a power series is a series in the form, .

Translating word phrases into algebraic expressions, How do I solve this pr...

How do I solve this problem: Manuel is a cross-country runner for his school’s team. He jogged along the perimeter of a rectangular field at his school. The track is a rectangle th

How to grow your brand with existing customers., "To grow your brand, you n...

"To grow your brand, you need to encourage your existing customers to buy your product a liitle more often. It is far more important to maximise the number of times your buyers buy

Estimate how much should every friend pay, A group of ?ve friends gone out ...

A group of ?ve friends gone out to lunch. The total bill for the lunch was $53.75. Their meals all cost about the similar, so they needed to split the bill evenly. Without consider

Determine the length of the longer base, The longer base of a trapezoid is ...

The longer base of a trapezoid is 3 times the shorter base. The nonparallel sides are congruent. The nonparallel side is 5 cm more that the shorter base. The perimeter of the trape

Geometry, Awhat is polygonesk question #Minimum 100 words accepted#

Awhat is polygonesk question #Minimum 100 words accepted#

Why is it important the the enlightenment grew out, Why is it important the...

Why is it important the the Enlightenment grew out of the salons and other meeting places of Europe? Who was leading the charge? Why was this significant? Where there any names or

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd