A major disadvantage of the arithmetic means is that it i...
A major disadvantage of the arithmetic means is that it is
Not useful for large data
Not suitable for further statistical analysis
Cumbersome to determine the actual value
Affected by extreme data
Correct answer is D
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.
The main source of government revenue in Nigeria is ...
The age distribution of a population is NOT influenced by ...
Public expenditure can be financed from all the following sources except the ...
The location of iron and steel industry at a place is due to ...
The rate at which a country's export is exchanged for her imports is ...
A significant effect of the growth of the oil sector in Nigeria has been to ...
Import duties will increase total expenditure on imports, if the demand for imports is ...
All the following are problems identified with agriculture in West Africa except ...
The term M 3 comprises M 1 together with deposits on deposit account held by_______ ...