1.

WHAT IS STATISTICAL AVERAGE?WHAT DESIRABLE PROPERTIES SHOULD AN AVERAGE POSSESS?

Answer»

Answer1))))Averages. In statistics, an average is defined as the number that measures the central tendency of a given set of numbers. There are a number of different averages including but not LIMITED to: mean, median, MODE and range.
Statistical Averages - Mean,
answer2))))))Statistical average is the central value or the representative value of a statistical series. 

The following are some of the attributes of a good statistical average.

It should be simple to calculate and understand

It should be based on all the observations in the data

It should be capable of further algebraic treatment

It should not be affected by extreme VALUES or by fluctuations in the sample

I hope this will help you



Discussion

No Comment Found