5.2.1.1.2 - Assumed Mean Method
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Practice Questions
Test your understanding with targeted questions
What is the Assumed Mean?
💡 Hint: Think of a figure we expect the actual mean to be near.
How do you calculate deviations?
💡 Hint: Deviations tell us how far observations are from our guessed average.
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Interactive Quizzes
Quick quizzes to reinforce your learning
What is the primary purpose of the Assumed Mean Method?
💡 Hint: Think about why we would not want to calculate everything directly.
True or False: The Assumed Mean Method requires large datasets to be effective.
💡 Hint: Reflect on situations where this method shines versus standard methods.
1 more question available
Challenge Problems
Push your limits with advanced challenges
Given the weekly incomes of several families: 900, 800, 1000, and 700, assume the mean is 850. Calculate the actual arithmetic mean using the Assumed Mean Method.
💡 Hint: Be meticulous with your sums and divisions!
Using large data points for incomes of: 5000, 7000, 6000, and an assumed mean of 6500, calculate the deviations, their sum, and derive the new mean.
💡 Hint: Ensure accuracy in your addition and subtraction!
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