What are the measures of central tendency? Why is arithmetic mean considered as ideal measure? Which measure of central tendency is the most representative?

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Latest Answer: 1 year ago
In: Commerce

What are the measures of central tendency? Why is arithmetic mean considered as ideal measure? Which measure of central tendency is the most representative?

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1 Answers

Answered By Nikita Chetry
Answer: 1 year ago

The three main measures are mean, median, and mode. Mean: Sum of all values divided by the number of values; uses all data points and is simple to calculate, making it widely used. Median: Mid... Read More

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