Economics JAMB

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:

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.

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