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Determine the mean of the subsequent numbers:
Example:
5, 7, 1, 3, 4
Solution:
where
x' = the mean
n = the number of values (data) = 5
x1 = 5, x2 = 7, x3 = 1, x4 = 3, x5 = 4
Substituting
x' = (5 + 7 + 1 + 3 + 4)/5 = 20/5 = 4
4 is the mean.
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