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.

---

Definitions:

Complex

Consisting of many different and connected parts; not simple.

Plantwide Overhead Rate

A single, uniform overhead absorption rate used throughout a manufacturing plant or facility.

Allocation Base

A criterion or standard used to distribute costs among different cost objects, often used in the process of overhead allocation.

Single Cost Pool

A simplified accounting method that aggregates all costs into one category.