Which of the following statements correctly describes the mean salary of all female workers if it is ?
Table of contents
- 1. Intro to Stats and Collecting Data1h 14m
- 2. Describing Data with Tables and Graphs1h 55m
- 3. Describing Data Numerically2h 5m
- 4. Probability2h 16m
- 5. Binomial Distribution & Discrete Random Variables3h 6m
- 6. Normal Distribution and Continuous Random Variables2h 11m
- 7. Sampling Distributions & Confidence Intervals: Mean3h 23m
- Sampling Distribution of the Sample Mean and Central Limit Theorem19m
- Distribution of Sample Mean - Excel23m
- Introduction to Confidence Intervals15m
- Confidence Intervals for Population Mean1h 18m
- Determining the Minimum Sample Size Required12m
- Finding Probabilities and T Critical Values - Excel28m
- Confidence Intervals for Population Means - Excel25m
- 8. Sampling Distributions & Confidence Intervals: Proportion1h 25m
- 9. Hypothesis Testing for One Sample3h 29m
- 10. Hypothesis Testing for Two Samples4h 50m
- Two Proportions1h 13m
- Two Proportions Hypothesis Test - Excel28m
- Two Means - Unknown, Unequal Variance1h 3m
- Two Means - Unknown Variances Hypothesis Test - Excel12m
- Two Means - Unknown, Equal Variance15m
- Two Means - Unknown, Equal Variances Hypothesis Test - Excel9m
- Two Means - Known Variance12m
- Two Means - Sigma Known Hypothesis Test - Excel21m
- Two Means - Matched Pairs (Dependent Samples)42m
- Matched Pairs Hypothesis Test - Excel12m
- 11. Correlation1h 24m
- 12. Regression1h 50m
- 13. Chi-Square Tests & Goodness of Fit2h 21m
- 14. ANOVA1h 57m
3. Describing Data Numerically
Mean
Struggling with Statistics?
Join thousands of students who trust us to help them ace their exams!Watch the first videoMultiple Choice
Which of the following best describes the in a data set?
A
It is always equal to the in any data set.
B
It is the most frequently occurring value in the data.
C
It is the value that divides the data into four equal parts.
D
It represents the arithmetic center or balance point of the data.
Verified step by step guidance1
Understand the definition of the mean: The mean is the arithmetic average of a data set, calculated by summing all the values and dividing by the number of values.
Recall the formula for the mean: \(\text{Mean} = \frac{\sum_{i=1}^n x_i}{n}\), where \(x_i\) represents each data value and \(n\) is the total number of values.
Compare the mean to other measures of central tendency: The median is the middle value when data is ordered, the mode is the most frequently occurring value, and quartiles divide data into four equal parts.
Recognize that the mean represents the balance point of the data because it takes into account all values and their magnitudes, unlike the median or mode.
Conclude that the best description of the mean is that it represents the arithmetic center or balance point of the data.
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