MERITS AND DEMERITS OF ARITHEMETIC MEANMERITS AND DEMERITS OF ARITHEMETIC MEAN
ARITHEMETIC MEAN RIGIDLY DEFINED BYALGEBRIC FORMULA
It is easy to calculate and simple to understand
IT BASED ON ALL OBSERVATIONS AND IT CAN BEREGARDED AS REPRESENTATIVE OF THE GIVENDATA
It is capable of being treated mathematically and hence it iswidely used in statistical analysis.
Arithmetic mean can be computed even if the detaileddistribution is not known but some of the observation andnumber of the observation are known.
It is least affected by the fluctuation of sampling