Weighted Arithmetic Mean method is used when _______.
A
there is irregularity in items
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B
there are large no. of items
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C
when we want to give more importance to some items
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D
none of these
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Solution
The correct option is C when we want to give more importance to some items Weighted Arithmetic Mean method is a method for calculating mean where extra weight in terms of numbers is added to many of the data in the series to add their weight-age in the series so that those figures have a high probability to become the mean of the series.