Individual Series Arithmetic Mean


Individual Series Arithmetic Mean



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When data is given on individual basis. Following is an example of individual series −



Items 5 10 20 30 40 50 60 70

For individual series, the Arithmetic Mean can be calculated using the following formula.

Formula


$bar{x} = sum_{i=1}^{n} X_{i}$

Alternatively, we can write same formula as follows −


$bar{x} = frac{_{sum {x}}}{N}$

Where −

  • $X_{1}, X_{2}, X_{3}, …. X_{n}$ = individual observation of variable.

  • $sum {x}$ = sum of all observations of the variable

  • ${N}$ = Number of observations

Example

Problem Statement

Calculate Arithmetic Mean for the following individual data −



Items 14 36 45 70 105

Solution

Based on the above mentioned formula, Arithmetic Mean $bar{x}$ will be −


$bar{x} = frac{14 + 36 + 45 + 70 + 105}{5} \[7pt]
, = frac{270}{5} \[7pt]
, = {54}$

The Arithmetic Mean of the given numbers is 54.

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