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An average alone is not enough to compare series. - Economics

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Question

An average alone is not enough to compare series.

Options

  • True

  • False

MCQ
True or False

Solution

This statement is true

Explanation:

An average indicates only the behaviour of a particular series. Therefore, in order to measure the extent of divergence of different items from the central tendency is measured by dispersion. So, the average is not enough to compare the series.

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Measures of Central Tendency - Series
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Chapter 5: Measures of Central Tendency - Exercise [Page 72]

APPEARS IN

NCERT Statistics for Economics [English]
Chapter 5 Measures of Central Tendency
Exercise | Q 3. (ii) | Page 72
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