1.

What is the formula for the arithmetic mean?

A. \(\frac {Number \, of \, the \, observations}{Sum \, of \, observations}\)
B. \(\frac {Sum \, of \, the \, observations}{Number \, of \, observations}\)
C. \(\frac {Product \, of \, the \, observations}{Number \, of \, observations}\)
D. \(\frac {Sum \, of \, the \, observations}{Product \, of \, the \, observations}\)
Answer» C. \(\frac {Product \, of \, the \, observations}{Number \, of \, observations}\)


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