Question:
Which of the following characteristics are correct for the average of a series of numerical values?
A. It is the sum of the numerical values divided by number of observations.
B. It is lower than the maximum value in the series.
C. It is an indicator of the central tendency.
Choose the correct answer from the options given below:
Which of the following characteristics are correct for the average of a series of numerical values?
A. It is the sum of the numerical values divided by number of observations.
B. It is lower than the maximum value in the series.
C. It is an indicator of the central tendency.
Choose the correct answer from the options given below:
A. It is the sum of the numerical values divided by number of observations.
B. It is lower than the maximum value in the series.
C. It is an indicator of the central tendency.
Choose the correct answer from the options given below:
Show Hint
Average = sum n.
Central tendency measure.
Always less than maximum value.
Central tendency measure.
Always less than maximum value.
Updated On: Aug 18, 2026
- A and B only
- B and C only
- A and C only
- A, B and C only
Show Solution
Verified By Collegedunia
The Correct Option is D
Solution and Explanation
Step 1: Understanding the Concept:
The average (mean) is a measure of central tendency.
It has specific properties.
Step 2: Key Formula or Approach:
Mean = Sum of values Number of observations.
Step 3: Detailed Explanation:
Statement A: Mean is the sum divided by number of observations - correct.
Statement B: Mean is lower than the maximum value - correct.
Statement C: Mean is an indicator of central tendency - correct.
Thus, all three statements are correct.
Step 4: Final Answer:
All statements A, B, and C are correct.
Hence, the correct option is (D).
The average (mean) is a measure of central tendency.
It has specific properties.
Step 2: Key Formula or Approach:
Mean = Sum of values Number of observations.
Step 3: Detailed Explanation:
Statement A: Mean is the sum divided by number of observations - correct.
Statement B: Mean is lower than the maximum value - correct.
Statement C: Mean is an indicator of central tendency - correct.
Thus, all three statements are correct.
Step 4: Final Answer:
All statements A, B, and C are correct.
Hence, the correct option is (D).
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