Mean value - statistical aspects of variability, Operation Management

Assignment Help:

Mean value - Statistical Aspects of Variability

The arithmetical mean value (µ, mu) of the measurements can be readily calculated, as follows. Let the class mid- point values be denoted as x1, x2, x3, etc, and the frequency in each class as f1, f2, f3, etc. Let N be the total number of measurements (200 in this case). Select a convenient value (V) close to the expected mean value, say 505 in this case. Calculate the arithmetical mean value (µ) as:

µ = (f1 (x1-V) +f2(x2-V) + f3 (x3-V)... /N) + V

In this case

µ= (1(-15) +10(-10) +52(-5) + 63(0) + 56(5) + 16(10) +2(15)/200) + 505

= 505.48mg


Related Discussions:- Mean value - statistical aspects of variability

Explain exempt and non-exempt employees, Differentiate between (1) exempt a...

Differentiate between (1) exempt and non-exempt employees and (2) line and staff employees.

Line balancing, what happens if line balance doesnt exist?

what happens if line balance doesnt exist?

Process flow and layouts, process flow and layout flows are at the core of ...

process flow and layout flows are at the core of lean manufacturing, do you agree or disagree?

Define the negative impacts of business intelligence, What are the negative...

What are the negative impacts of business intelligence? How does a database and data warehouse support business intelligence?

Explain the change management factors, Describe the change management facto...

Describe the change management factors that shape HR-business strategy.

Explain purchasing process, Again, another point I would like to add are th...

Again, another point I would like to add are the ratings given to each game. During the purchasing process, CanGo has the ability to ask for I.D information to verify age. Sales mi

Explain what is the flow time for the glove, A manufacture of women's desig...

A manufacture of women's designer gloves has employed a team of students to redesign her manufacturing unit. They gathered the following information. The manufacturing process cons

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd