The calculations of arithmetic mean may be simple and foolproof, but the application of the result may not be so foolproof. An arithmetic mean may not merely lack significance; it may well be positively misleading. Mean should never be accepted as significant without supporting credentials 

Posted Date: 9/14/2012 1:43:30 AM | Location : United States

Ask an Expert

Related Discussions:- Limitations of arithmetic mean, Assignment Help, Ask Question on Limitations of arithmetic mean, Get Answer, Expert's Help, Limitations of arithmetic mean Discussions

Write discussion on Limitations of arithmetic mean
Your posts are moderated

Write your message here..

Related Questions

Measures of dispersion, calculate variance and standard deviation of the f... calculate variance and standard deviation of the following sample 12,22,32,13,12,23,34,52,56,23,44,32,11,11

Population census, what are the challenges affecting population census in d... what are the challenges affecting population census in developing countries

Maths assignment, Need help on my maths assignment Need help on my maths assignment

Multivariate analysis of variance, Multivariate analysis of variance (MANOV... Multivariate analysis of variance (MANOVA) is a technique to assess group differences across multiple metric dependent variables simultaneously, based on a set of categorical (non-

Correlation, prove that coefficient of correlation lies between -1 and+1 prove that coefficient of correlation lies between -1 and+1

Quantitative Models, Consider the following new business venture. An agent ... Consider the following new business venture. An agent is considering investment in one of three real estate parcels: • Option 1: multiunit rentals • Option 2: commercial building

QUARTILE DEVIATION, Examples of grouped, simple and frequency distribution ... Examples of grouped, simple and frequency distribution data

Angle count method, Angle Count method The method for estimating the pr... Angle Count method The method for estimating the proportion of the area of a forest which is in fact covered by the bases of trees. An observer goes to each of the number of po

Control chart, construction of control chart,n chart construction of control chart,n chart

Decision making ., it is said that management is equivalent to decision mak... it is said that management is equivalent to decision making? do you agree? explain