Subscribe

How To calculate Arithmetic Mean or Simple Mean?

Subscribe
 Arithmetic Mean
Arithmetic mea is a value obtained by dividing
the sum of all the observations by their number.
Or
If X1, X2, X3, X4 . . . . . . . Xn are n observation of a
variable X, then the arithmetic mean, denoted
by x is defined as
=
Where i= 1, 2 ,3,……….n

Subscribe
1. Coding method of calculating Mean

Where D = X-a Also a is know as assumed mean

2. Scaling Method of calculating mean

h∑ 𝑈
𝑋 =a+
𝑛 Where U = X-a/h

Also a is know as assumed mean and h is the unit of measurement.

3. Weighted Arithmetic Mean

X1 W1 + X 2 W 2+ X3 W 3+ X 4 W 4 + . . . . . . + XnW 𝑛 ∑ 𝑋𝑖𝑊𝑖

𝑋= =
W 1+ W 2+ W 3 +W 4 + . . . . . . + W 𝑛 ∑ 𝑊𝑖

Subscribe
 Example 1

X D=X-70
-3
67
𝑋=
∑ 𝑋𝑖
72 𝑛 2
68 = -2
= 68.5
70 0

65 -5 = 68.5

68 -2

75 5

63 -7
= -12
= 548

Subscribe
 Example 2 (Weighted Mean)

Item X Weights XW
Food 290 7.5 2175
Rent 54 2 108
Clothing 98 1.5 147
Fuel 75 1 75
Misc. 75 0.5 37.5
Sums =12.5 =2542.5

Subscribe
 Grouped Data

Simple Mean 𝑋=
∑ 𝒇 𝑿𝒊
∑𝑓
Coding method of calculating Mean

h ∑ 𝑓𝑈
Scaling Method of calculating mean 𝑋 =a+
∑𝑓

Subscribe
Example 3(Grouped Data)
Groups f X fX U= X-47/5 fU D=X-47 fD
35-39 13 37 481 -2 -26 -10 -130
40-44 15 42 630 -1 -15 -5 -75
45-49 28 47 1316 0 0 0 0
50-54 17 52 884 1 17 5 85
55-59 12 57 684 2 24 10 120
60-64 10 62 620 3 30 15 150
65-69 5 67 335 4 20 20 100
Sums =100 4950 50 35 250

X= (Upper class Boundary +Lower Class Boundary) /2

∑ 𝒇 𝑿𝒊 = h ∑ 𝑓𝑈 =
𝑋= 𝑋 =a+
∑𝑓 ∑𝑓
= 47+

Subscribe
 Next Video
How to Calculate Median?

Subscribe