Write any four characteristics of an ideal mean.

1.	Write any four characteristics of an ideal mean.
Answer» Following are the four characteristics of an ideal mean: It should be defined clearly : The mean should be defined very clearly so that it has only one implication. It should be simple to understand and simple to compute: The mean should be such that it is simple to understand and simple to compute. It should be based on all the values : An ideal mean should be based on all the values of the series. Without this, this mean will not represent the data-item series correctly. It should be the least affected by extreme values (maximum/ minimum) : The extremely small and extremely large values of a data-items series should have the least effect on the mean.

Answer»

Following are the four characteristics of an ideal mean:

It should be defined clearly : The mean should be defined very clearly so that it has only one implication.
It should be simple to understand and simple to compute: The mean should be such that it is simple to understand and simple to compute.
It should be based on all the values : An ideal mean should be based on all the values of the series. Without this, this mean will not represent the data-item series correctly.
It should be the least affected by extreme values (maximum/ minimum) : The extremely small and extremely large values of a data-items series should have the least effect on the mean.

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