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:
Option D – affected by extreme data
Explanation
One of the disadvantages 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.
400 Level Management Accounting In Education Practice exam questions and detailed answers. Download the answers in…
400 Level Management Accounting In Education Practice exam questions and detailed answers. Download the answers in…
400 Level Management Accounting In Education Practice exam questions and detailed answers. Download the answers in…
400 Level Management Accounting In Education Practice exam questions and detailed answers. Download the answers in…
400 Level Management Accounting In Education Practice exam questions and detailed answers. Download the answers in…
400 Level Management Accounting In Education Practice exam questions and detailed answers. Download the answers in…