| 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
The demand and supply function of a commodity are given as below. Qd = 20 - 2p Qs = 6p - 12 ...
Which of the following is a major export crop in Nigeria? ...
One of the major criticism of the 1962 -1968 National Development Plan was that ...
The International Monetary Fund (IMF) is an international organization which ...
Which of the following is not a function of an insurance company? ...
Cost-push inflation occurs when ...
Subsistence production means that goods and services are ...
Government intervention in an economy is often justified on the ground that ...