Question 5
Tools of Economic AnalysisA disadvantage of the mean as a measure of central tendency is that, it
- A.is affected by extreme values.
- B.can only be used for continuous data.
- C.cannot be used to measure the qualities of a population.
- D.cannot be determined in grouped data.
Show the answer and explanation
Answer: A (is affected by extreme values.)
Explanation
One very large or very small value pulls the mean up or down.