Best Answer

MEDIAN

Use the median to describe the middle of a set of data that does have an outlier.

Advantages:

• 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.

Disadvantages:

• Not as popular as mean.

Q: Advantages and disadvantages of mean in statistics?

Write your answer...

Submit

Still have questions?

Continue Learning about Math & Arithmetic

There are both advantages and disadvantages of data collection methods in statistics. The main advantages are the metrics and correlation one can draw from statistics. The disadvantages stem from sampling errors.

There are many advantages and disadvantages of variance in statistics. One disadvantage is that you never know what answer you'll get.

the mean is affected by outliers

There are a great number of advantages and disadvantages of Arithmetic mean. One disadvantages is that it is not accurate.

The advantages of using weighted averages are that it smooths out fluctuations due to statistical outliers. The disadvantage is that this gives a uniformity in the statistics and can make it difficult to project trends.

Related questions

There are both advantages and disadvantages of data collection methods in statistics. The main advantages are the metrics and correlation one can draw from statistics. The disadvantages stem from sampling errors.

no

There are many advantages and disadvantages of variance in statistics. One disadvantage is that you never know what answer you'll get.

One advantage of inferential statistics is that large predictions can be made from small data sets. However, if the sample is not representative of the population then the predictions will be incorrect.

the mean is affected by outliers

There are a great number of advantages and disadvantages of Arithmetic mean. One disadvantages is that it is not accurate.

If we're talking about statistics: There is no superior observational study, each study has its advantages and disadvantages.

hest mean

Advantages and disadvantages of hardwire and softwire systems

Advantages and Disadvantages of equity

It is easy to understand and to calculate

Official statistics are more likely to be correct and upto date, however because it is government controlled they maybe bias or not showwing the simple data.