Question
Economics Question on Business Finance
The sum of the deviations of a given set of obserations taken from median, ignoring ± signs, is:
A
Zero
B
One
C
Least
D
Maximum
Answer
Least
Explanation
Solution
The correct option is (C): Least
The sum of the deviations of a given set of obserations taken from median, ignoring ± signs, is:
Zero
One
Least
Maximum
Least
The correct option is (C): Least