What Are Merits And Demerits Of Arithmetic Mean?

Write at least two merits and demerits.


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.
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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.

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