Mathematics · Statistics
Which of the following statements about the Arithmetic Mean (AM) are CORRECT? (A) The sum of deviations of all observations from AM is zero. (B) The sum of squared deviations from AM is minimum (least among all points). (C) AM is unduly affected by extreme values. (D) AM can be calculated for open-ended frequency distributions. Choose the correct answer:
- 1A, B and C only✓
- 2A and B only
- 3B, C and D only
- 4A, B, C and D
Correct answer
A, B and C only
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