Give four objectives of statistical average
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Harshavardhan Shinde 8 years, 6 months ago
There are following four objectives of statistical average:
(i) To present a brief picture of data : The main purpose of average is to present a simple and systematic description of the data.
(ii) To represent the universe : It also helps to obtain a picture of a complete group.
(iii) Basis of statistical analysis : It is the basis of statistical analysis as it analyse the data.
(iv) To facilitate comparison : It helps in comparing the data of various categories.
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