Economy, asked by Sandeeppingua3909, 9 months ago

Explain the direct and shortcut method of discrete series for calculating arithmetic mean with example.

Answers

Answered by Anonymous
3

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Direct method :-

Formula

x =  \frac{sigma \: fx}{sigma \: f}  \\

Ex :-

Table →

Wages ( X). = 10 ; 20 ; 30 ; 40 ; 50

No. of workers (f) = 4. ; 5 ; 3. ; 2. ; 5

Multiple ( fx ) = 40 ; 100 ; 90 ; 80 ; 250

Sum (fx ) = 560

sum (f) = 19

mean \:  =  \frac{560}{19}  = 29.47 \\

Shortcut method

Formula

x \:  = a +  \frac{sum \: of \: fd}{sum \: of \: f} \\

Taking 1st examples table again

Deviation

Let A = 30

( d = x-A) = -20 ; -10 ; 0 ; 10 ; 20

Multiple (fd)= -80. ; -50 ;0.;20. ;100

 = 30 + ( -  \frac{10}{19} ) \\  = 29.47

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