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The Median is unduly affected by extreme observations. - Economics

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Question

The Median is unduly affected by extreme observations.

Options

  • True

  • False

MCQ
True or False

Solution

This statement is false

Explanation:

This statement is true for Arithmetic to mean. The arithmetic mean is most affected by the presence of extreme items. It is one of the prime demerits of the arithmetic mean. It is easily distorted by the extreme values, and also the value of arithmetic mean may not figure out at all in the series.

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Measures of Central Tendency - Median
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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. (v) | Page 72
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