Various measures of average can be classified into the following three categories:
Mathematical Averages:Arithmetic Mean or MeanGeometric MeanHarmonic MeanQuadratic MeanPositional Averages:MedianModeCommercial AverageMoving AverageProgressive AverageComposite Average
The above measures of central tendency will be discussed in the order of their popularity. Out of these, the Arithmetic Mean, Median and Mode, being most popular, are discussed in that order.
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