NECO 2003 Economics · Question 10
In calculating mean one should
Options
- A.add the highest and the lowest number
- B.divide the highest and the lowest number
- C.divide the sum of the figure by the number of the figure
- D.find the most common number
- 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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