The arithmetic mean of the 12,78,87,92 is?
Answer & explanation
Correct answer: option 1
Mean = \(\frac{ sum \; of \; observations }{ number \; of \; observations }\)
Mean = \(\frac{ 12 + 78 + 87 + 92 }{ 4 }\)
Mean = \(\frac{ 269}{ 4 }\)
Mean = 67.25