Given that ∑fx = 340 and N = 20, find the arithmetic mean.

ECONOMICSJAMB 2017

Given that ∑fx = 340 and N = 20, find the arithmetic mean.

  • A. 20
  • B. 17
  • C. 32
  • D. 9

Correct Answer: B. 17

Explanation

Arithmetic mean, x̄= ∑fx n where: x̄= Arithmetic mean ∑ = sum of X = series of figures in a given data f = nunmber of times a particular number occurs (frequency) n = number of figures or element From the question: Since, x̄= ∑fx N Then, x̄= ∑fx N =340/20 = 17

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