A major disadvantage of the arithmetic means is that it is
ECONOMICS
JAMB 2011
A major disadvantage of the arithmetic means is that it is
- A. not useful for large data
- B. not suitable for further statistical analysis
- C. cumbersome to determine the actual value
- D. affected by extreme data
Correct Answer: D. affected by extreme data
Explanation
One of the disadvantage of the arithmetic mean is that it is not the best measure to use with data sets containing a few extreme values or with more dispersed (volatile) data sets in general.
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