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Airthmetic Mean
Airthmetic Mean
AIRTHMETIC MEAN
The mean (or more accurately, the arithmetic mean, symbol: X ) is the most
Commonly used measure to indicate the centre of a distribution.
Example:-
Advantages of Arithmetic Mean
It is easy to calculated and simple to understand.
It is based on all observations of the given data.
It is capable of being treated mathematically hence it is widely used in statistical
analysis.
Arithmetic mean refers to the average amount in a given group of data. It is the
Commonly used measure of central tendency because it includes all the
Observation in a given data and in comparison to other measures of central
Tendency, arithmetic mean has very simple application.
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