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Question
Write any two merits of arithmetic mean.
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Solution
Merits of arithmetic mean:
(i) It is based on all the observations.
(ii) It is easily understood.
(iii) It is easy to compute.
(iv) It is uniquely defined or it has one and only one value.
(i) It is based on all the observations.
(ii) It is easily understood.
(iii) It is easy to compute.
(iv) It is uniquely defined or it has one and only one value.
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