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Which average would be suitable in the following case? In case of open-ended frequency distribution. - Economics

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Question

Which average would be suitable in the following case?

In case of an open-ended frequency distribution.

Short Note

Solution

In the case of open-ended frequency distribution, Median is the most suitable measure as it can be easily computed. Moreover, the median value can be estimated even in case of incomplete statistical series.

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Measures of Central Tendency - Median
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Chapter 5: Measures of Central Tendency - Exercise [Page 71]

APPEARS IN

NCERT Statistics for Economics [English]
Chapter 5 Measures of Central Tendency
Exercise | Q 1. (vii) | Page 71
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