What is the formula for the arithmetic mean?
(a) \(\frac {Number \, of \, the \, observations}{Sum \, of \, observations}\)
(b) \(\frac {Sum \, of \, the \, observations}{Number \, of \, observations}\)
(c) \(\frac {Product \, of \, the \, observations}{Number \, of \, observations}\)
(d) \(\frac {Sum \, of \, the \, observations}{Product \, of \, the \, observations}\)
This question was addressed to me by my college director while I was bunking the class.
This is a very interesting question from Statistics topic in chapter Statistics of Mathematics – Class 10