The combined mean of two groups depends on: MCQ with Answer and Explanation

The combined mean of two groups depends on:
A. The individual means only
B. The individual means and the group sizes
C. The medians
D. The group sizes only
Answer: Option B
Solution (By JKExamLibrary)
Combined mean = (n₁x̄₁ + n₂x̄₂) / (n₁ + n₂).

This question belongs to: Accountancy and Statistics Statistics

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