The algebraic sum of deviations of observations from the arithmetic mean is: MCQ with Answer and Explanation

The algebraic sum of deviations of observations from the arithmetic mean is:
A. Always positive
B. Always zero
C. Always negative
D. Minimum
Answer: Option B
Solution (By JKExamLibrary)
Σ(x - x̄) = 0 is a fundamental property of the arithmetic mean.

This question belongs to: Accountancy and Statistics Statistics

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