Answer:
<h2>TRUE</h2>
Step-by-step explanation:
One of the method of analysing the distribution of a dataset is by finding the mean of the dataset which is part of the measure of central of tendency.
<u>Mean of a dataset is also known as the average and it is the ratio of the sum of the individual dataset to the sample size.</u>
<u />
Mathematically xbar = ΣXi/N where
ΣXi is the sum of the individual dataset
N is the sample size
xbar is the mean
From the formula, ΣXi = xbar * N
This means that the sum of the individual dataset (all values in the dataset) is equal to the product of the mean (xbar) and the sample size(N).
<em>Hence the statement that In any sample data set, </em><em>the sum of all the values is equal to the product of the mean and the sample size</em><em>."is </em><em>TRUE</em>
