Consider the following statements: (1) The sum of deviations from mean is always zero (2) The sum of absolute deviations is minimum when taken around median. Which of the above statements is/are correct?
A
1 only
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B
2 only
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C
Both 1 and 2
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D
Neither 1 nor 2
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Solution
The correct option is C Both 1 and 2 By definition of mean, it is the value with minimum deviation about a set of observations.
By definition of median, it is true that the absolute deviation about is minimium as median is the central value in the data set.