The Simple And Easy Merits And Demerits Of Mean, Median Mode.
--MEAN--
Mean Merits ►
- It is easy precisely defined.
- It is easy to calculate and simple to understand.
- it give equal important to all equation.
Mean Demerits ►
- A.M can not be defined graphically.
- A too large or too small observation will seriously effect arithmetic mea.
--Median--
Median Merits ►
- It is easy to understand and calculate.
- It is not effected by a few values in the data.
- It can be determined by graphically (Using ogive curves)
Median Demerits ►
- It is well defined but may not be unique.
- Median is not determined using all the values, It brings a position average it is least effected by changes in extreme observation, This can be looked upon as it's Demerits.
--Mode--
Mode Merits ►
- It is easy to understand and simple to calculate.
- It is not effected by extreme observation.
- It can be obtain graphically (Using histogram in case of group data)
Mode Demerits ►
- It is not rigidly defined.
- It may not be unique.
- It is not based on all the observation.
Awesome Information About Mean, Median, Mode.
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