A major disadvantage of the arithmetic means is that it is

Economics

JAMB 2011

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

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Correct Answer: Option D

Explanation

One of the disadvantage 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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A major disadvantage of the arithmetic means is that it is

Correct Answer: Option D

Explanation

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