Arithmetic and Weighted Mean

IMPORTANT

Arithmetic and Weighted Mean: Overview

This topic covers concepts, such as, Arithmetic Mean for Grouped Data, Arithmetic Mean for Ungrouped Data, Weighted Arithmetic Mean and Arithmetic Mean etc.

Important Questions on Arithmetic and Weighted Mean

EASY
IMPORTANT
Economics>Measures of Central Tendency>Arithmetic and Weighted Mean> Q 1

Arithmetic mean by following the _____ method (assumed mean/direct) for a series of ungrouped data is calculating the sum of all observations in a series which is in turn divided by the total number of observations.

EASY
IMPORTANT
Economics>Measures of Central Tendency>Arithmetic and Weighted Mean> Q 2

Which of the following methods is used in calculating the Arithmetic Mean in grouped data in the discrete series of distribution?

MEDIUM
IMPORTANT
Economics>Measures of Central Tendency>Arithmetic and Weighted Mean> Q 3

Following are the runs scored by players in a match of cricket.

6 15 120 50 100 8 15 80 10 10 15

What is the mean and median?

 

HARD
IMPORTANT
Economics>Measures of Central Tendency>Arithmetic and Weighted Mean> Q 4

What are the advantages of Arithmetic Mean?