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Measures Of Central Tendency

Question
CBSEENST11024169

Why is arithmetic mean the most popular measure of the central tendency?

Solution

Arithmetic mean is the most popular measure of the central tendency due to following reasons :

1. It is easy to calculate and understand arithmetic mean.

2. Arithmetic mean is based on all the values of the series.

3. Arithmetic mean is stable measure of central tendency. It is because change in the sample of a series have minimum effect on the arithmetic average.