# What Are Merits And Demerits Of Arithmetic Mean?

Write at least two merits and demerits.

Merits of arithmetic mean:

1) It is the simplest form of average.

2) It is easy to find and get.

3) To find arithmetic mean we only need sum of adjectives the observations and number of observations.

Demerits of the arithmetic mean:

1) It is highly affected by extreme values.

2) It provides a dignified value on having one very life-size value in the data set.

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Merits of arithmetic aim:

1) It is the simplest form of average.

2) It is easy to find and understand.

3) To find arithmetic mean we lone need sum of all the observations and number of observations.

Demerits of the arithmetic mean:

1) It is outstandingly affected by extreme values.

2) It provides a high value on have one very large value surrounded by the data set.

Resolved Questions:

Percentage denoted by the sign '%' means into hundred. So a percentage is any number as multiplied by hundred. Hence 0.1 would be 1% as: 0.1*100=1 OR 1/100=0.1 In our case 15% can also be written as: 15/100Which is:0.15So 15% of 80...

High school geometry, this is a proof Suppose that PT is a line segment 4 cm in length and R is a point on the string PT It's given that PR = 1/2 of PT PR = 1/2 x 4 = 2...

Focus on analytical techniques Three analytical techniques are: dollar and percentage change surrounded by statement common statement size Ratios For more information click on the link: Analytical Techniques Cost of goods sold reflect the expense that a company incurs...

**Answer:**Merits of arithmetic mean:

1) It is the simplest form of average.

2) It is easy to find and get.

3) To find arithmetic mean we only need sum of adjectives the observations and number of observations.

Demerits of the arithmetic mean:

1) It is highly affected by extreme values.

2) It provides a dignified value on having one very life-size value in the data set.

www.investopedia.com

Merits of arithmetic aim:

1) It is the simplest form of average.

2) It is easy to find and understand.

3) To find arithmetic mean we lone need sum of all the observations and number of observations.

Demerits of the arithmetic mean:

1) It is outstandingly affected by extreme values.

2) It provides a high value on have one very large value surrounded by the data set.

Resolved Questions:

**What Is 15% Of 80 As A Fraction?**Percentage denoted by the sign '%' means into hundred. So a percentage is any number as multiplied by hundred. Hence 0.1 would be 1% as: 0.1*100=1 OR 1/100=0.1 In our case 15% can also be written as: 15/100Which is:0.15So 15% of 80...

**Given: PR = 1/2PT, Prove R Is The Midpoint Of Line PT?**High school geometry, this is a proof Suppose that PT is a line segment 4 cm in length and R is a point on the string PT It's given that PR = 1/2 of PT PR = 1/2 x 4 = 2...

**What Are The Analytical Techniques Which Are Used To Relate The Sales...**Focus on analytical techniques Three analytical techniques are: dollar and percentage change surrounded by statement common statement size Ratios For more information click on the link: Analytical Techniques Cost of goods sold reflect the expense that a company incurs...