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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
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Post UTME Past Questions Agent
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