Circumstance when the mean is very useful as the average

Reference no: EM1387023

The "average" is a commonly reported statistic. This single bit of information can be very informative or very misleading, with the mean and median being the two most commonly reported.

The mean is a useful measure, but it can be misleading. Describe a circumstance when the mean is very useful as the average and a circumstance when the mean is very misleading as the average.

Reference no: EM1387023

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