X | 8 | 10 | 12 | 16 | 18 | 20 | 24 |
F | 2 | 1 | 4 | 3 | 3 | 1 | 6 |
From the table, Calculate the mean?
24.0
17.0
18
27.2
Correct answer is B
Mean= ∑fx/∑f
=(16+10+48+48+54+20+144)/(2+1+4+3+3+1+6)
=340/20
=17.0
By calculation, the mean of the distribution is not 18
One of the important features of perfect competition is_____? ...
One of the assumptions of ordinal utility theory is that ...
Which of the following is an advantage of free enterprise economy? ...
The term marginal propensity to consume can best be explained as the ...
In long run, all factors inputs are ...
Which of the following items is not an example of circulating capital? ...
A Nigerian household demand curve for semovita is downward sloping because ...
The term balance of trade, can be defined as the ...
In the event of bankruptcy, owners of joint-stock companies lose ...