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The number of years during which the company has its production less than the average production during 1920 - 1927 is approximately.
Answer & Solution
Correct Answer:
Option
B
The average production during (1920 - 1927)
$$\frac{71.30 + 43.51 + 67.66 + 76.23 + 77.23 + 88.93 + 91.75 + 100.17}{8}$$
= 77.0975 (million tons)
The required number of year
= 4 (1920, 1921, 1922, 1923)
$$\frac{71.30 + 43.51 + 67.66 + 76.23 + 77.23 + 88.93 + 91.75 + 100.17}{8}$$
= 77.0975 (million tons)
The required number of year
= 4 (1920, 1921, 1922, 1923)
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