NECO 2003 Economics · Question 10

In calculating mean one should

Options

  1. A.add the highest and the lowest number
  2. B.divide the highest and the lowest number
  3. C.divide the sum of the figure by the number of the figure
  4. D.find the most common number
  5. E.pick any number that has no partner

Answer: C. divide the sum of the figure by the number of the figure

Explanation written with AI and checked against the answer key

Step 1: Analyze the question The question asks how the mean (the arithmetic average) is calculated.

Step 2: Explain the concept The mean is a measure of central tendency. The three common measures are:

  • Mean: the average of all values
  • Median: the middle value when the data is arranged in order
  • Mode: the most frequently occurring value

Formula:

Mean = (Sum of all the values) ÷ (Number of values)

or, in symbols, x̄ = Σx / n

Step 3: Evaluate the options

  • A. Add the highest and the lowest number: This is not the mean. It is part of finding the mid-range (after dividing by 2).
  • B. Divide the highest and the lowest number: This has no meaning as a measure of central tendency.
  • C. Divide the sum of the figures by the number of figures: This matches the definition of the mean exactly.
  • D. Find the most common number: This is the mode.
  • E. Pick any number that has no partner: This has no statistical meaning.

Step 4: Example Find the mean of 4, 6, 8, 10, 12.

  • Sum = 4 + 6 + 8 + 10 + 12 = 40
  • Number of values = 5
  • Mean = 40 ÷ 5 = 8

This confirms the method in option C.

Memory tip: Think of Mean as "Math average": add everything, then share equally (divide by how many there are). Mode = Most common, and Median = Middle.

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