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The mean (average) of the product of n natural numbers taken two at a time is:
(a). n(n+1)(3n+2)24
(b). (n+1)(3n+1)24
(c). (n+1)(3n+1)12
(d). None of these

Answer
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Hint: The formula for mean is the division of the sum of all the observations to the total number of observations. Now, the number of possibilities for the product of n natural numbers taken two at a time is selecting 2 natural numbers from n natural numbers. And the sum of the observations (i.e. product of n natural numbers taken two at a time) is calculated as follows: by multiplying the sum of first n natural numbers by itself and then equating them with the sum of the square of each n natural number with the twice of the sum of the product of n natural numbers taken two at a time. Solving this equation will give you the sum of the product of n natural numbers taken two at a time.

Complete step-by-step solution:
We have to find the mean (average) of the product of n natural numbers taken two at a time.
We know the formula for mean of any observations as:
Mean=Sum of observationsTotal number of observations
Total number of observations includes the number of ways of writing the product of n natural numbers taken two at a time which will be selecting 2 natural numbers from n natural numbers.
nC2
Sum of observation includes the sum of product of n natural numbers taken two at a time are:
(1+2+3+.....+n)(1+2+3+....+n)=12+22+32+.....+n2+2i,j=1naiaj…….. Eq. (1)
We know the sum of first n natural numbers and sum of square of first n natural numbers which we have shown below.
1+2+3+....+n=n(n+1)212+22+32+.....+n2=n(n+1)(2n+1)6
Substituting the above values in eq. (1) we get,
(n(n+1)2)2=n(n+1)(2n+1)6+2i,j=1naiaj(n(n+1)2)2n(n+1)(2n+1)6=2i,j=1naiaj
Taking n(n+1) as common in the above equation we get,
n(n+1)(n(n+1)42n+16)=2i,j=1naiajn(n+1)2(3n(n+1)4n212)=i,j=1naiajn(n+1)2(3n2+3n4n26)=i,j=1naiajn(n+1)2(3n2n26)=i,j=1naiaj
We can factorize 3n2n2 as follows:
3n2n2=3n23n+2n2=3n(n1)+2(n1)=(3n+2)(n1)
Substituting the above factorization we get,
n(n+1)2(3n2n26)=i,j=1naiajn(n+1)2((3n+2)(n1)6)=i,j=1naiajn(n+1)12((3n+2)(n1))=i,j=1naiaj
Now, substituting sum of observations as n(n+1)12((3n+2)(n1)) and number of observations as nC2 in the mean formula we get,
Mean=n(n+1)12((3n+2)(n1))nC2
We can write nC2=n(n1)2 in the above formula.
Mean=n(n+1)12((3n+2)(n1))n(n1)2
In the above formula, n(n1)2 will be cancelled out and we are left with:
Mean=(n+1)(3n+2)6
Hence, the correct option is (c).

Note: The possible mistake that could happen in the above problem is that you might think that the sum of the product of n natural numbers taken two at a time is the sum of the square of first n natural numbers.
The sum of the square of first n natural numbers is:
12+22+32+.....+n2=n(n+1)(2n+1)6
The above interpretation of the sum of the product of n natural numbers taken two at a time is wrong because it is given that we are taking any two natural numbers at a time not specifically two same natural numbers at a time.