Question
Download Solution PDFThe following bar chart shows the vends of foreign direct investment (FDI) into India from all over the world.
What was the average of India's FDI over the years 1992 - 1997?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFConcept used:
Average of N numbers = sum of N numbers/N
Calculation:
Sum of total FDI over the years 1992 - 1997 = 5.7 + 10.15 + 12.16 + 10.22 + 24.23 + 31.36 = 93.82 millions of euros
Average FDI over the years 1992 - 1997 = 93.82/6 = 15.6
∴ The correct answer is 15.6.
Last updated on Jul 17, 2025
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