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    Business Statistics
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    Exam 5: Numerical Descriptive Measures
  5. Question
    When Approximating Descriptive Measures for Grouped Data, the Sample Mean
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When Approximating Descriptive Measures for Grouped Data, the Sample Mean

Question 30

Question 30

True/False

When approximating descriptive measures for grouped data, the sample mean can be obtained by making the assumption that the midpoint of each class closely approximates the mean of each class.

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