In: Statistics and Probability
What is the arithmetic mean of three observations with values of 8, 1 and 6?
Solution
Given observations, xi:
8, 1, 6
Simple Arithmetic Mean:
x̅=1/n∑xi
Substitute values of observations, xi=8,1,6 in the equation and add:
x̅=1/n(8+1+6)
Simplify by substituting n=3
x̅=1/3(15)
x̅=5
So, arithmetic mean of three observations with values of 8, 1 and 6 = 5
Arithmetic mean of the observations = 5