Measures Of Central Tendency

The property of concsentration of the values around a central value is called central currency. The control values is called measure of central currency. It will represent the entire distribution.

Characteristic Of Good Average :
  • It should be well defined.
  • It should be easy to calculated.
  • It should be based on all the observations.
  • It should not be affected by extreme observations.
  • It should be capable of further mathematical treatment.

The various measures of central curency are :

  1. Arithmetic Mean
  2. Median
  3. Mode
  4. Geometric Mean
  5. Harmonic Mean