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

The arithmetic mean has the following disadvantages:

  • The mean cannot be determined for [...]
Answer
an open-ended data set (i.e., n is unknown).

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

The arithmetic mean has the following disadvantages:

  • The mean cannot be determined for [...]
Answer
?

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

The arithmetic mean has the following disadvantages:

  • The mean cannot be determined for [...]
Answer
an open-ended data set (i.e., n is unknown).
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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 properties: It exists only if all the observations are greater th

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