Mathematical properties of arithmetic mean, Applied Statistics

Assignment Help:

Mathematical Properties

  1. The sum of deviations of the items from the arithmetic mean (taking signs into account) is always zero, i.e.   1507_mathematical properties.png   = 0.

  2. The sum of the squared deviations of the items from arithmetic mean is less than the sum of the squared deviations of the items from any other value, i.e.   806_mathematical properties1.png   is less than   564_mathematical properties2.png  where A is any other point, different from   1888_arithmetic mean.png  .

  3. Since,   1888_arithmetic mean.png  =   2284_mathematical properties3.png  , (N x   1888_arithmetic mean.png  ) =   919_mathematical properties4.png  .

  4. If we have the arithmetic mean and number of items of two or more than two groups, we can compute combined average of these groups, by applying the following formula:

2215_mathematical properties5.png


/(N1+N2)

 

where,

975_mathematical properties6.png


Related Discussions:- Mathematical properties of arithmetic mean

Sampling theory, difference between large sample test and small sample test...

difference between large sample test and small sample test

Time series, Year Production 2006 8 2007 6 2008 10 2009 12 2010 11 2011 15 ...

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?

Poisson distribution, Poisson Distribution The poisson Distribution  wa...

Poisson Distribution The poisson Distribution  was discovered  by French mathematician simon  denis  poisson. It is a discrete probability distribution. Meaning : In bi

Uses of arithmetic mean, Uses Arithmetic mean is widely used beca...

Uses Arithmetic mean is widely used because of the following reasons: Mean is the simplest average to understand and easy to compute. It

What are the hypotheses, Assume that a simple random sample has been select...

Assume that a simple random sample has been selected from a normally distribute population and test the given claim. Identify the null and alternative hypotheses, test statistic,

Difference between correlation and regression analysis, Difference between ...

Difference between Correlation and Regression Analysis 1. Degree and Nature  of Relationship: Coefficient of correlation measures   the degree  of covariance  between two vari

Evaluate the standard deviation, You have an assembly line which produces 1...

You have an assembly line which produces 1L bottles of seltzer with a standard deviation of 0.05L. • Assuming the distribution of volume is normal, what is the chance any single

#title., Features of index numbers

Features of index numbers

#regression, #regression line drawn as Y=C+1075x, when x was 2, and y was 2...

#regression line drawn as Y=C+1075x, when x was 2, and y was 239, given that y intercept was 11. calculate the residual

Simple linear regression, We are interested in assessing the effects of tem...

We are interested in assessing the effects of temperature (low, medium, and high) and technical configuration on the amount of waste output for a manufacturing plant. Suppose that

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