Ayushi posted an Question
August 11, 2020 • 02:22 am 30 points
  • UGC NET
  • Economics

82. which one of the following is known as average of position? (1) mean (2) median n. (3) geometric mean (4) harmonic mean

82. Which one of the following is known as average of position? (1) Mean (2) Median n. (3) Geometric Mean (4) Harmonic Mean

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    Nidhi taparia Best Answer

    The correct answer is (2) Median. The median is called the average of position or the geographical average. This is because it is determined by the position of the observation and not it's value or magnitude.

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