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

Simple linear regression model, The data le for this assignment is brain-b...

The data le for this assignment is brain-body-wts.txt, which lists the averages brain weights (gm) and body weights (kg) for a number of animal species. Your task is to t an appr

Stata question, i am new to stata and i am trying to figure out how to calc...

i am new to stata and i am trying to figure out how to calculate expected growth of sales tax revenue as well as average growth rate of sales tax revenue in stata. I have a dataset

Hi, i want assignmrnt help

i want assignmrnt help

Find the minimum constant workforce, Find the minimum constant workforce: ...

Find the minimum constant workforce: ABC Company, a manufacturer of roofing supplies, has developed monthly forecasts for roofing tiles. The forecasted demand and the expected

Logistic regression model, A marketing research firm was engaged by an auto...

A marketing research firm was engaged by an automobile manufacturer to conduct a pilot study to examine the feasibility of using logistic regression for ascertaining the likelihood

Find the backward induction equilibrium, A rightist incumbent (player I) an...

A rightist incumbent (player I) and a leftist challenger (player C) run for senate. Each candidate chooses among two possible political platforms: Left or Right. The rules of the g

Coefficient of variation, Coefficient of Variation or C.V. To compare t...

Coefficient of Variation or C.V. To compare the variability between or more series, coeffiecnt of variation is used, it is relative measure of dispersion, it innovated and used

., Theories of Business forecasting

Theories of Business forecasting

Statistical quality control assinment, how to get statistical quality contr...

how to get statistical quality control assignment in brief?

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