Economy, asked by harleendhillon94786, 6 months ago

assumed mean is taken in which method​

Answers

Answered by sanart00
0

In statistics the assumed mean is a method for calculating the arithmetic mean and standard deviation of a data set. It simplifies calculating accurate values by hand. Its interest today is chiefly historical but it can be used to quickly estimate these statistics

Answered by dharshinikotu
0

Answer:

In statistics, the assumed mean method is used for calculating mean or arithmetic mean of a grouped data.

This method depends on estimating the mean and rounding to an easy value to calculate with.

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