What is the merits and demerits of median?
Meaning, Merits, and Demerits of Median
| Q.2. Explain the merits and demerits of median. | |
|---|---|
| Answer: (A) Some merits of median are: | |
| (2) Not based on all the observations | ● It is a positional average and does not consider the magnitude of the items. ● It neglects the extreme values. |
Which is a disadvantage of the median?
Disadvantages. It does not take into account the precise value of each observation and hence does not use all information available in the data. Unlike mean, median is not amenable to further mathematical calculation and hence is not used in many statistical tests.
What are its merits and demerits?
What Is The Difference Between Merits And Demerits?
| MERITS | DEMERITS |
|---|---|
| The receiver used is very cheap | Audio clarity is poor |
| Reception of multiple signals on the same channel | High bandwidth is required which is equivalent to that of highest audio frequency |
What is the advantage of median over mean?
The median divides the distribution in half (there are 50% of observations on either side of the median value). Advantage of the median: The median is less affected by outliers and skewed data than the mean, and is usually the preferred measure of central tendency when the distribution is not symmetrical.
What are merits of median?
1) It is easy to compute and understand. 2) It is well defined an ideal average should be. 3) It can also be computed in case of frequency distribution with open ended classes. 4) It is not affected by extreme values and also interdependent of range or dispersion of the data.
What is the advantages of median in statistics?
What are the important advantage of median?
| Data | Advantages |
|---|---|
| Mean | Takes account of all values to calculate the average. |
| Median | The median is not affected by very large or very small values. |
| Mode | The only averages that can be used if the data set is not in numbers. |
What is one of the main advantages of median?
The median is less affected by outliers and skewed data. This property makes it a better option than the mean as a measure of central tendency.
What is the benefit of using median?
“Use the median to describe the middle of a set of data that does have an outlier. Advantages of the median: Extreme values (outliers) do not affect the median as strongly as they do the mean, useful when comparing sets of data, it is unique – there is only one answer.
What is merits and demerits in economics?
| Merits of Mixed Economy | Demerits of Mixed Economy |
|---|---|
| (a) Encouragement to Private Sector | (a) Un-stability |
| (b) Freedom | (b) Ineffectiveness of Sectors |
| (c) Optimum Use of Resources | (c) Inefficient Planning |
| (d) Advantages of Economic Planning | (d) Lack of Efficiency |
What does discuss the merits mean?
the advantages something has compared to something else: We discussed the merits of herbal tea. on your (own) merits. according to the qualities you have or have shown, without considering any other information or comparing you to someone else: The committee will consider/judge each applicant on his or her own merits.
Why is median bad?
But this is bought at a cost: medians ignore all outliers because they ignore all value in your dataset, except the value of the single central item (or two items in the case of a tie). Relative position is all that counts. This means you’re throwing away data every time you use the median.
What are the demerits of average?
1) It can neither be determined by inspection or by graphical location. 2) Arithmetic mean can not be computed for qualitative data like data on intelligence honesty and smoking habit etc. 3) It is too much affected by extreme observations and hence it is not adequately represent data consisting of some extreme point.
What are the pros and cons of eating almonds?
Almonds do not have such disadvantages, but if eaten in large quantities, they can cause harm. Excessive consumption of almonds can cause constipation and abdominal bloating as they are high in fiber. If you are on a manganese diet and you eat almonds, it can interfere with your medications.
What are the demerits of the median value?
Demerits of median: Following are the various demerits of median: (1) Lack of representative character: – Median fails to be a representative measure in case of such series the different values of which are wide apart from each other. Also, median is of limited representative character as it is not based on all the items in the series.
Is the median value destroyed by extreme values?
(2) Free from the effect of extreme values: – Unlike arithmetic mean, median value is not destroyed by the extreme values of the series. (3) Certainty: – Certainty is another merits is the median. Median values are always a certain specific value in the series.
What kind of seed does an almond have?
The oval almond is pointed at one end. Its seed is white in color with a thin brown peel. After soaking in water for a few hours, the almond peel comes off. Almont History: Almond belongs to the Rose family which also includes peaches, apples, pears, cherries, and apricots.