Find the arithmetic mean of the sales per day in a fair price shop in a week.
Rs. 10000, Rs. .10250, Rs. .10790, Rs. .9865, Rs. .15350, Rs. .10110
Given, observations 10000, 10250, 10790, 9865, 15350, 10110
Clearly, No of observations, n = 6
We know,
Arithmetic mean of x1, x2, x3, …, xn (n observations) is
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Therefore, mean of above data
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Hence, mean is Rs. 110060.83
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