Mean's simple algorithm is to find the sum of all observations first, i.e 1 + 12 + 13 + 14 + 13 = 53 and then no. of observations, so here, i.e 5, now divide them:
→ 53/5
Multiply the denominator and numerator by 2
→ 106/10
→ 10.6
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Mean's simple algorithm is to find the sum of all observations first, i.e 1 + 12 + 13 + 14 + 13 = 53 and then no. of observations, so here, i.e 5, now divide them:
→ 53/5
Multiply the denominator and numerator by 2
→ 106/10
→ 10.6