For an individual series, mean is _______ divided by ________.Select one:a.Sum of obseravtions, number of observationsb.number of obseravtions, sum of observationsc.Product of obseravtions, number of observationsd.number of obseravtions, Product of observations
Question
For an individual series, mean is _______ divided by ________.Select one:a.Sum of obseravtions, number of observationsb.number of obseravtions, sum of observationsc.Product of obseravtions, number of observationsd.number of obseravtions, Product of observations
Solution
The correct answer is a. Sum of observations, number of observations. The mean (or average) of a series is calculated by adding up all the numbers (sum of observations) and then dividing by the count of those numbers (number of observations).
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