What statistic are you calculating if you add the income of ten people and divide that sum by ten?
A)the mean
B)the median
C)the correlation coefficient
D)a rate
E)all of these choices

Question

Quizplus · Accepted Answer

Adding the income of ten people and dividing by ten results in the calculation of the mean, which is a measurement of central tendency. The median is the middle value in a dataset, and the correlation coefficient is a measure of the strength and direction of the relationship between two variables. A rate involves a ratio between two quantities measured in different units.

What Statistic Are You Calculating If You Add the Income