Sunday, April 17, 2011

Advantages and Disadvantages

What are the advantages and disadvantages of the mean?

1 comment:

  1. Advantages
    1. easily understood
    2. easy
    3. always exists
    4. reflects all values in data set

    Disadvantages
    1. sensitive to extreme values
    2. inaccurate for % change
    3. can be misleading
    4. can't use for qualitative date
    5. can't calculate for open-ended group data

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