In which of the given year(s) was the production of B type refrigerator closest to its average production over the given years?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is Option 1 i.e. Both 2012 and 2013.
We know that,
Average = Sum of observations/Number of observations
Average production of company B = (1800 + 1890 + 1910 + 1940 + 1960)/5 = 9500/5 = 1900
So, in the years 2012 and 2013, the production of B-type refrigerators was closest to their average production over the given years