Which of the Following Measures of Location Is Calculated Using $\bar{x}$

question 27

Multiple Choice

Which of the following measures of location is calculated using the formula $\bar{x}$ = ${ \frac { \sum _ { i = 1 } ^ { n } X _ { i } } { n } }$
,where n is the number of observations?

• A)midrange
• B)sample mean
• C)mode
• D)median

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Definitions:

Organizational Growth

The process of a business expanding through increases in revenue, employees, customer base, or market share.

Simple Structure

An organizational framework characterized by minimal hierarchical levels and straightforward, clear lines of authority and communication.

Organizational Growth

The process of an organization enlarging or expanding its operations, activities, and impact.

Diversification

A strategy of reducing risk by owning a variety of investments or business operations across different industries or categories.