In the chapter, the mean was described as a balance point for a set of data, equalizing

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In the chapter, the mean was described as a “balance point” for a set of data, equalizing distances (deviations) of values to the left of the mean with distances of values to the right. Show that this is the case for the data in
a. Exercise 50.
b. Exercise 53.
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Understanding Business Statistics

ISBN: 978-1118145258

1st edition

Authors: Stacey Jones, Tim Bergquist, Ned Freed

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