Question
The value which represents the distribution as a whole
can be called as…Solution
The value of the variate which is thoroughly representative of the series or the distribution as a whole is known as “central tendency” or the single value, which denotes the group of values. This single value may be mean, mode, median, geometric mean, and harmonic mean. These may be classified into Simple averages like mean, median, and mode and Special averages like geometric mean and harmonic mean.
The contributions made by A and B are in the ratio of 2:5. If 10% of total profit is donated and A gets 8100 as his share of profit, what is the total p...
A and B started a business by investing Rs. 12,000 and Rs. 18,000 respectively. A also worked as the active manager and for that he is entitled to recei...
- Soham and Tanmay started a firm. Soham invested Rs. 12,000 for the whole year, and Tanmay withdrew after 8 months. If the profit at year-end was divided in...
A, B and C enter into a partnership with capitals in the ratio 2/3 : 3/5 : 5/6 . After 8 months, A increases his share of capital by 25%. If at the end ...
P and Q started a business by investing Rs.9000 and Rs.7200 respectively. After 6 months, Q increased his investment by a certain percentage such that a...
"Karan" and "Arjun" launched a business, with "Karan" contributing 25% more capital than "Arjun." 8 months later, 'Arjun' pulled out of the investment. ...
Ankush and Bittu started a business together, where Ankush invested Rs. 'p' and Bittu invested Rs. 'p + 3000' initially. After 4 ...
A sum of ₹4,360 was to be divided among A, B, C, and D in the ratio 3:4:5:8, but it was divided in the ratio 1/3:1/4:1/5:1/8. Was divided by mistake: ...
Meera invested Rs. P and Tara invested Rs. (P + 15) for 15 months and 12 months respectively. Their profit ratio is 3:4. Find Tara’s investment.
A and B started a business with investments in the ratio of 6:7 respectively. If after one year, the profit earned by A is Rs. 3000, then find the total...