Estimates Using the Arithmetic Average Will Probably Tend to _____

question 62

Multiple Choice

Estimates using the arithmetic average will probably tend to _____ values over the long-term while estimates using the geometric average will probably tend to _____ values over the short-term.

• A)overestimate; overestimate
• B)overestimate; underestimate
• C)underestimate; overestimate
• D)underestimate; underestimate
• E)none of the above are correct

---

Definitions:

Mean

The arithmetic average of a set of numbers, calculated by adding them together and dividing by the number of values.

Highest Score

The maximum value or score observed in a set of data.

Lowest Score

The smallest or minimal value in a set of data or scores.

Scores

The numerical expressions of the results, achievements, or performance of individuals, often used in the context of exams, tests, or competitions.