Arithmetic Mean: Methods, Merits and Demerits

In this article we will discuss about Arithmetic Mean:- 1. Meaning of Arithmetic Mean 2. Short Cut Method of Determining Arithmetic Mean 3. Merits 4. Demerits. Meaning of Arithmetic Mean: The mean is a measurement of unit most frequently used to describe a frequency distribution of same type. The arithmetic mean or average is calculated by dividing the sum (total) [...]