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#reading-8-statistical-concepts-and-market-returns
Question

The arithmetic mean has the following disadvantages:

  • The mean can be [...]
Answer
affected by extremes.

unusually large or small values.

Tags
#reading-8-statistical-concepts-and-market-returns
Question

The arithmetic mean has the following disadvantages:

  • The mean can be [...]
Answer
?

Tags
#reading-8-statistical-concepts-and-market-returns
Question

The arithmetic mean has the following disadvantages:

  • The mean can be [...]
Answer
affected by extremes.

unusually large or small values.
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Subject 4. Measures of Center Tendency
etic mean is the only measure of central tendency where the sum of the deviations of each value from the mean is always zero. Deviation from the arithmetic mean is the distance between the mean and an observation in the data set. <span>The arithmetic mean has the following disadvantages: The mean can be affected by extremes, that is, unusually large or small values. The mean cannot be determined for an open-ended data set (i.e., n is unknown). Geometric Mean The geometric mean has three important

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