Statistics - Arithmetic Mean of Individual Data Series
When data is given on individual basis. Following is an example of individual series:
Items | 5 | 10 | 20 | 30 | 40 | 50 | 60 | 70 |
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For individual series, the Arithmetic Mean can be calculated using the following formula.
Formula
Alternatively, we can write same formula as follows:
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 |
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Solution:
Based on the above mentioned formula, Arithmetic Mean $\bar{x}$ will be:
The Arithmetic Mean of the given numbers is 54.