In this article, we will discuss the various Properties of Arithmetic Mean – Measures of Central Tendency | Statistics
Properties of Arithmetic Mean – Measures of Central Tendency | Statistics
1) It is rigidly defined.
2) It is based on all the observations.
3) It is easy to comprehend.
4) It is simple to calculate.
5) The presence of extreme observations has the least impact on it.
6) The sum of deviations of the items from the arithmetic mean is always zero.
7) The Sum of the squared deviations of the items from A.M. is minimum, which is less than the sum of the squared deviations of the items from any other values.
8) If each item in the series is replaced by the mean, then the sum of these substitutions will be equal to the sum of the individual items.) It is amenable to mathematical treatment or properties.
The above are the Properties of Arithmetic Mean – Measures of Central Tendency | Statistics
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