JAMB Economics 2020 Objective — Question 4
Question 4 of 50 from the Joint Admissions and Matriculation Board (JAMB) Economics 2020 Objective paper, with the correct answer and a full explanation.
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Which of the following set of statistical tools is used for further economic analysis?
- A. The median and standard deviation
- B. The mean and mode
- C. The mean and standard deviationCorrect
- D. The mode and median
Explanation
The mean and standard deviation together form the key statistical tools used for further (deeper) economic analysis.
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