Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Arithmetic Average or Mean
The arithmetic mean is the most widely and the most generally understandable of all the averages. This is clear from the reason that when the term mean is used alone it always refers to the arithmetic mean. According to croxton and Cowden ,The arithmetic mean of a series of items is obtained by adding the value of the items and dividing by the numbers of in the words of H Sadist , Arithmetic mean is the amount secured by living the sum of values of the items in a series by their number F. C.Mills says the arrhythmic mean is the centre of gravity of a distribution .
Kinds of Arithmetic Mean: The arithmetic mean is of two kinds
(1) Simple Arithmetic Mean
(2) Weighted Arithmetic Mean
(1) Simple Arithmetic Mean: When all the values of a statistical series are given equal importance, the values is divided by number of items it is called simple Arithmetic Mean.
(2) Weighted Arithmetic Mean: Sometimes a statistical series comprises of different values of different importance. As such it becomes essential to give weight age to different values according to their relative important which are called weight. As such the different values are multiplied with their respective weight. The total of the product so obtained is divided by the total of weights. The quotient is called weighted arithmetic mean.
Year Production 2006 8 2007 6 2008 10 2009 12 2010 11 2011 15 2012 14 2013 16 Determine the trend from data given above?
Based on the following graphs (next page) you should write a discussion report (2 pages) on: 1. Determination of whether the open-loop system response is consistent with a 1st o
Exercise: (Binomial and Continuous Model.) Consider a binomial model of a risky asset with the parameters r = 0:06, u = 0:059, d = 0:0562, S0 = 100, T = 1, 4t = 1=12. Note that u
Q. Compute the output of correlation? The following figure shows (a) a 3-bit image of size 5-by-5 image in the square, with x and y coordinates specified, (b) a Laplacian
construction of control chart,n chart
There are two types of drivers, high-risk drivers with an accident probability of 2=3 and low risk drivers with an accident probability of 1=3. In case of an accident the driver su
Properties of correlation
Frequency distribution A frequency distribution is a series where a number of items with similar values are put in separate groups or bunches. In other words a frequency distri
Root Mean Square Deviation The standard deviation is also called the ROOT MEAN SQUARE DEVIATION. This is because it is the ROOT (Step 4) of the MEAN (Step 3) o
applications of normal probability distribution
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd