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Mean is one of the three measures of central tendencies. Measure of central tendencies is a combination of two words. Measure in measures of central tendencies means methods and central tendency means the average value of any statistical data. In simpler words, mean is the sum of the separate measures divided by their number. The different types of mean explained in Mean Assignment Help are
Arithmetic mean is also called the average value. It is obtained by summing two or more variables and then divided by the number of variables present in that sample.
Geometric mean is a special type of average. Here, the numbers are multiplied together and then a square root, cube root, etc is taken. This type of mean is used for population growth, interest rates, etc. Geometric mean is useful only for a set of positive numbers. It is also used in medicines and computer science.
Harmonic mean is a specific type of average which is used for averages of units like speed or other ratios. Students looking for various notes on mean can refer Mean Assignment Help where each and every topic related to mean is explained thoroughly.
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Merits and Demerits of Mean
Rules for using mean given in Mean Assignment Help are
• When the scores are symmetrically around a central point, mean is the central gravity in the distribution and each score contributes to the determination of it.
• Mean is used when the measure of central tendency having the greatest stability is required. This is because mean is more stable than median and mode.
• Mean is used to calculate coefficient of correlation, ANOVA, standard deviation, etc.
The advantages of mean given in Mean Assignment Help are
• Mean is the most popular central tendency as it is easy to understand.
• It is very simple and easy to calculate.
• The result obtained is reliable as it is not affected by sampling.
• All the scores of a distribution in it.
• It can be used for the calculation of other statistics like dispersion, correlation, skewness, etc.
The disadvantages of mean given in Mean Assignment Help are
• Sometimes mean results to the value which is not present in the given data.
• It also gives absurd values which is never possible.
• Mean is easily affected by extreme values.
• It is very essential to assume the size of the open end classes in case of open end class intervals.
• When the end figure is a decimal figure, it makes the data less meaningful.
Features of Mean Assignment Help Are
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