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Please answer the following question with an explanation: 7. Which is a correct statement regarding a weighted mean? a. The weighted mean is less affected
Please answer the following question with an explanation:
7. Which is a correct statement regarding a weighted mean? a. The weighted mean is less affected by outliers than the median. b. Multiply the weighting by the corresponding data value, then find the sum of the products. c. A weighted mean is always different from the actual mean. d. A weighted mean accounts for the relative importance of each value in the averageStep by Step Solution
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