Mathematics · Statistical Measures
Which of the following describes the correct formula or definition for the arithmetic mean?
- 1The product of all observations divided by the total number of observations
- 2The total sum of values of all observations multiplied by the total number of observations
- 3The total sum of values of all observations plus the total number of observations
- 4The total sum of values of all observations divided by the total number of observations✓
Correct answer
The total sum of values of all observations divided by the total number of observations
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