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Individual Series Arithmetic Mean
Inspanidual Series Arithmetic Mean
When data is given on inspanidual basis. Following is an example of inspanidual series −
Items | 5 | 10 | 20 | 30 | 40 | 50 | 60 | 70 |
---|
For inspanidual series, the Arithmetic Mean can be calculated using the following formula.
Formula
$ar{x} = sum_{i=1}^{n} X_{i}$Alternatively, we can write same formula as follows −
$ar{x} = frac{_{sum {x}}}{N}$Where −
$X_{1}, X_{2}, X_{3}, .... X_{n}$ = inspanidual observation of variable.
$sum {x}$ = sum of all observations of the variable
${N}$ = Number of observations
Example
Problem Statement −
Calculate Arithmetic Mean for the following inspanidual data −
Items | 14 | 36 | 45 | 70 | 105 |
---|
Solution −
Based on the above mentioned formula, Arithmetic Mean $ar{x}$ will be −
$ar{x} = frac{14 + 36 + 45 + 70 + 105}{5} \[7pt] , = frac{270}{5} \[7pt] , = {54}$The Arithmetic Mean of the given numbers is 54.