Which average is called as optimum average? Why ? - Vidyadip

Question

Which average is called as optimum average? Why ?

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Answer

Among all the measure of average, the mean is called as optimum average because
The value of mean satisfies many of the characteristics of an ideal average, Therefore it is widely, Use for the analysis of statistical data.
It is the exclusive characteristics of mean that it is most convenient measure of average for special algebric operations.
To study the various characteristics of population or to compare two or more populations, as a measure of average only mean is used in advanced statistical methods.

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