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Question

What is meant by the mean of a given set of observations?


A

The most frequently occuring value of the observation.

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B

The average value of the given set of observations

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C

The value of a given number of observations which divides it into exactly two parts.

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D

All of these

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Solution

The correct option is B

The average value of the given set of observations


The mean or mean value of a given number of observations is simply its average value i.e. sum of values of all the observations divided by the total number of observations.


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