collection of bills for vegetables purchased on daily basis in your house. find the mean of the amount spent.
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Mean of observations is all about the average of numbers.
It is easy interms of calculation!
First of all all numbers need to be added followed by dividing the same with total number of observations.
Here, we are calculating mean of amount of vegetables spent for 5 days.
The observations include 12, 14, 16, 18, 20, 32. Adding all, we obtain 112.
For calculating mean, we divide the sum by 5.
Finally, the result obtained will be 22.4.
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