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What do you mean by assumed …

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What do you mean by assumed mean method
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Gaurav Seth 5 years, 3 months ago

Assumed Mean Method Formula

Let x1, x2, x3,…,xn are mid-points or class marks of n class intervals and f1, f2, f3, …, fn are the respective frequencies. The formula of the assumed mean method is:

Here,

a = assumed mean

fi = frequency of ith class

di = xi – a = deviation of ith class

Σfi = n = Total number of observations

xi = class mark = (upper class limit + lower class limit)/2

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