It is equal to the sum of all values in the data set divided by the number of values in the data set?

Question: It is equal to the sum of all values in the data set divided by the number of values in the data set?

Yes, this is correct. The mean (average) is calculated by taking the sum of all values in the data set and dividing it by the number of values. Therefore, the mean is equal to the sum of all values in the data set divided by the number of values in the data set.

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