NECO June/July 2024 - Get offline past questions & answers - Download objective & theory, all in one app 48789
Project Topics and Materials, Post-UTME past questions - Download now or upload yours to get paid

Given that ∑fx = 340 and N = 20, find the arithmetic mean.

Economics
JAMB 2017

Given that ∑fx = 340 and N = 20, find the arithmetic mean.
  • A. 20
  • B. 17
  • C. 32
  • D. 9
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Join your school's WhatsApp group
Project Topics and Materials, Post-UTME past questions - Download now or upload yours to get paid
Correct Answer: Option B
Explanation
Arithmetic mean, x̄= ∑fx
n
where:
x̄= Arithmetic mean
∑ = sum of
X = series of figures in a given data
f = nunmber of times a particular number occurs (frequency)
n = number of figures or element
From the question:
Since, x̄= ∑fx
N
Then, x̄= ∑fx
N
=\(\frac{340}{20}\)

= 17

Report an Error Ask A Question Download App
NECO June/July 2024 - Get offline past questions & answers - Download objective & theory, all in one app 48789
Project Topics and Materials, Post-UTME past questions - Download now or upload yours to get paid
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts

Contributions ({{ comment_count }})

Please wait...

{{ settings.no_comment_msg ? settings.no_comment_msg : 'There are no comments' }}

Quick Questions

Post your Contribution

Please don't post or ask to join a "Group" or "Whatsapp Group" as a comment. It will be deleted. To join or start a group, please click here

{{ quote.posted_by.display_name }}
{{ settings.form_textarea_description }}
 
Project Topics and Materials, Post-UTME past questions - Download now or upload yours to get paid
NECO June/July 2024 - Get offline past questions & answers - Download objective & theory, all in one app 48789
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Join your school's WhatsApp group
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Join your school's WhatsApp group
NECO June/July 2024 - Get offline past questions & answers - Download objective & theory, all in one app 48789
Project Topics and Materials, Post-UTME past questions - Download now or upload yours to get paid