BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -True, The Geometric mean is a positional measure of central tendency.

Detailed explanation-2: -This statement is false. Explanation: This statement is false as mean is not a positional average, rather the statement holds true for median and mode. The calculation of median and modal values is based on the position of the items in the series, i.e. why these are also termed as positional averages.

Detailed explanation-3: -Geometric mean is defined as the nth root of a product of n numbers. So, it does not depend on position, making it incorrect.

Detailed explanation-4: -The most common measures of central tendency are the arithmetic mean, the median, and the mode. A middle tendency can be calculated for either a finite set of values or for a theoretical distribution, such as the normal distribution.

Detailed explanation-5: -POSITION OF MEASURES OF CENTRAL TENDENCY The relative position of the three measures of central tendency (mean, median, and mode) depends on the shape of the distribution. All three measures are identical in a normal distribution [Figure 1a].