The algebraic sum of the deviations of set of values from their arithmetic mean is:

CA Foundation · Quantitative Aptitude · MTP · September 2024
The algebraic sum of the deviations of set of values from their arithmetic mean is:
(A) A. >0
(B) B. <0
(C) C. 0
(D) D. None of these

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. 0

Topics: Part-A: Business Mathematics, Part-C: Statistics

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