Question

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

• A. The most frequently occuring value of the observation.
• B. The average value of the given set of observations
• C. The value of a given number of observations which divides it into exactly two parts.
• D. All of these

Answer 1

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.