Q.no.1 The number of cars crossing a certain bridge in a big city in 10 intervals of five minutes each was recorded as follows: J 3.18 25. 15, 18. 30. 20. 20. 12, 9. 16, 15. Calculate, () the arithmetic mean, (ii) the median and (ii(} the geometric mean.
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Answer:
Step-by-step explanation:
The Formula for Arithmetic Average
\begin{aligned} &A = \frac{1}{n} \sum_{i =1}^n a_i = \frac{a_1 + a_2 + \dotso + a_n}{n} \\ &\textbf{where:} \\ &a_1, a_2, \dotso, a_n=\text{Portfolio returns for period } n \\ &n=\text{Number of periods} \\ \end{aligned}
A=
n
1
i=1
∑
n
a
i
=
n
a
1
+a
2
+…+a
n
where:
a
1
,a
2
,…,a
n
=Portfolio returns for period n
n=Number of periods
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