RESEARCH METHODOLOGY

STATISTICAL TECHNIQUES AND TOOLS

MEASURES OF VARIABILITY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
It’s the number you get when you add all the numbers together and then divide by the amount of numbers you have.
A
mean
B
median
C
mode
D
range
Explanation: 

Detailed explanation-1: -To calculate the arithmetic mean of a set of data we must first add up (sum) all of the data values (x) and then divide the result by the number of values (n).

Detailed explanation-2: -MEAN-the sum of a set of numbers divided by the number of items in the set, also referred to as the average.

Detailed explanation-3: -The formula for calculating the arithmetic mean is to add up the numbers in a set and divide by the total quantity of numbers in the set. The formula for calculating the geometric mean is to multiply all the values in a data set, then take the root of the sum equal to the quantity of values within that data set.

There is 1 question to complete.