The group arithmetic mean, also known as the weighted arithmetic mean, is a measure of central tendency that takes into account both the values of a dataset and their frequencies or weights. It's particularly useful when dealing with grouped data or when certain values occur more frequently than others.
The formula for the group arithmetic mean is:
\[\bar{x} = \frac{\sum_{i=1}^{n} x_i f_i}{\sum_{i=1}^{n} f_i}\]
Where:
This formula calculates the average by giving more importance to values that occur more frequently.
Let's calculate the group arithmetic mean for the following data:
Value (\(x_i\)) | Frequency (\(f_i\)) |
---|---|
10 | 2 |
15 | 5 |
20 | 3 |
This bar chart represents the example dataset. The height of each bar corresponds to the frequency of each value. The red dashed line indicates the group arithmetic mean (15.5).
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