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Question
How is the average (mean) of a data set calculated?
Options
Adding all values and multiplying by their count
Finding the middle value
Dividing sum of all values by total number of observations
Subtracting the smallest from the largest value
MCQ
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Solution
Dividing sum of all values by total number of observations
Explanation:
The formula for average is:
Average (Mean) = `"(Sum of all observations)" / "(Total number of observations)"`
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