Which of the Following Statements About the Mean Is Not

question 152

Multiple Choice

Which of the following statements about the mean is not always correct?

• A)The sum of the deviations from the mean is zero.
• B)Half of the observations are on either side of the mean.
• C)The mean is a measure of the central location.
• D)The value of the mean times the number of observations equals the sum of all observations.

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Definitions:

Per Capita Incomes

Refers to the average income earned per person in a given area (e.g., city, region, country) in a specified year.

Absolute Income Gap

The difference in total income or earnings between individuals, households, or countries, measured without adjusting for living costs or other factors.

Real Income Per Capita

The average income per person in a country, adjusted for inflation, which reflects the purchasing power and economic well-being of the population.

Growth Rate

The percentage change of a specific variable within a specified time period, often used to describe the increase in population, revenue, or other significant measures.