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In this article we will discuss Simple, Weighted, combined arithmetic mean | Geometric Mean | Harmonic Mean | Measures of Central Tendency – Statistics Simple Arithmetic Mean – Measures of Central Tendency The Simple Arithmetic Mean, commonly known as the arithmetic mean or average is a measures of central tendency that represents the typical value […]
In this article we will discuss the basic aspects of business statistics – Statistics – Meaning, Definitions, Nature, scope, importance, functions, applications, types, and Limitations 1.1 Introduction of Statistics: In the modern world of computers and information technology, the importance of statistics is very well recognized by all disciplines. Statistics has originated as a science […]
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