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AVERAGE

Dr.A.SUJATHA�Assistant Professor�PG& Research Department of Commerce�C.P.A College�Bodinayakanur�2022-2023�

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AVERAGE

AVERAGE IS AN ATTEMPT TO FIND ONE SINGLE FIGURE TO DESCRIBE WHOLE OF FIGURES

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TYPES OF AVERAGE

  • 1.ARITHMETIC MEAN
  • 2.MEDIAN
  • 3.MODE
  • 4. GEOMETRIC MEAN
  • 5. HARMONIC MEAN

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ARITHMETIC MEAN

  • DIRECT METHOD
  • SHORT CUT METHOD
  • STEP DEVIATION METHOD
  • WEIGHTED ARITHMETIC MEAN

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ARITHMETIC MEAN

  • ARITH METIC MEAN = ∑X /N
  • DIRCET METHOD= ∑ fm/N
  • MID POINT= LOWER LIMIT+ UPPER LIMIT/2
  • SHORT CUT METHOD= A+ ∑fd/n