Study the given chart and answer the question that follows.

The numbers 1 to 6 represent the years from 2001 to 2006

What is the average number of vehicles (approx.) manufactured by company B over the given period?

Correct option is A

Given:

Number of vehicles manufactured by company A and B from the year 2001 to 2006

Formula Used:

Average $$= \frac{Sum\ of \ observations}{Number\ of \ observations}$$​​

Solution:

Vehicles manufactured by company B from year 2001 to 2006 are

= 119,99,141,78,120,159

Total sum of vehicles manufactured = 119+99+141+78+120+159 = 716

Average =$$\frac{716}{6}$$​ = 119.333 thousands

= 1,19,333