Question on: SS1 Economics - Types Of Central Tendency, Merits And Demerits And Simple Application:
 Which of the following is a merit of the median?
Â
View related lesson
A
It is affected by outliers or extreme values in the dataset.
Â
B
It can be used with both quantitative and qualitative data.
Â
C
It may not represent the true centre of the data if there are only a few data points in the dataset.
Â
D
It can be difficult to calculate for datasets with a large number of values.
Â
Ask EduPadi AI for a detailed answer
Correct Option: B
Add your answer
Please share this, thanks!
No responses