The sum of items divided by the number of items is the

Assessment: WAEC SSCE - Economics - 2010 (Objective) Subject: Economics

Question 1 Report

The sum of items divided by the number of items is the
Answer Details
The sum of items divided by the number of items is called the mean. The mean is a type of average that is commonly used to describe a set of data. To find the mean, you add up all the values in the set and then divide by the total number of values. For example, if you have a set of three numbers - 2, 4, and 6 - the sum of these numbers is 12. Dividing 12 by 3 (the number of items) gives you a mean of 4. This means that the average value in this set of numbers is 4. The mean is a useful tool for summarizing data because it gives you an idea of what the typical value in a set of numbers is.

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