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Definition
Objectives
Properties
Prerequisites
Merits and Demerits
Definition
Mean is an attempt to find one single
figure to describe whole of figures Clark
Objectives
To get single value that describes the
characteristic of entire group
To facilitate comparison measures of
central value
Properties
1. The sum of the deviations of the item from
the arithmetic mean is always zero.
i.e.,
(X-X) = 0
i.e.,
Easy to Understand
Simple to compute
Based all Items
Not be unduly affected by extreme
values
Rigidly defined
Capable of further algebraic
treatments
Sampling Stability
Copyright 2000 by Monica Yuskaitis
Merits
Simplest and Easiest to compute
Demerits
Can not be calculated for an open end classes
Not a good measure just a characteristic
Objectives
To get single value that describes the
characteristic of entire group
To facilitate comparison measures of
central value
Properties
1. The median for any set of data divides it into two
equal halves. One half consists of observations
smaller than the median. Observations in the
other half are larger than the median.
Merits
1. Simplest and Easiest to compute
Demerits
1. Since median is a positional average, its value is
not determined by each and every observation.
2. Not capable for further algebraic treatment.
3. Not a good measure just a characteristic
4. Less reliable average for estimation purposes.
Demerits
5. Median tends to be rather unstable value if
the number of observations are small.
Mode
Definition
Objectives
Properties
Merits and Demerits
Objectives
To get single value that describes the
characteristic of entire group
To facilitate comparison measures of
central value
Merits
1. Simplest and Easiest to compute
De-Merits
1. Not Rigidly defined measure
2. Values cannot be computed in case of bimodal distribution