MCQEconomics

NCERT · Class 11 · Economics · Measures of Central TendencyWhich average is most affected by extreme values?

Step-by-Step Solution

Arithmetic mean is most affected by extreme values because every single observation in the data set is used in its calculation.

Detailed Options Breakdown
Option : Median

Incorrect choice. This distractor represents a common misunderstanding of the core principles of Measures of Central Tendency.

Option 1: Mode

Incorrect choice. This distractor represents a common misunderstanding of the core principles of Measures of Central Tendency.

Option 2: Arithmetic Mean (Correct Answer)

Correct choice. Refer to the step-by-step verified solution guidelines above for details.

Option 3: Percentile

Incorrect choice. This distractor represents a common misunderstanding of the core principles of Measures of Central Tendency.

💡 Study Guide: This question tests core syllabus concepts from Measures of Central Tendency. For formulas, key summaries, and mock exam reference guides, read the full Measures of Central Tendency Revision Notes.
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