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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

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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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