Rangers made an operating loss of Â£14m on a turnover of Â£19.1m. Rangers raised a total of Â£35.2m in finance, Â£22m of which was from last Decemberâs Initial Public Offering of Shares. As of June, there was Â£11.2m cash left in the bank, which included Â£4.5m of season ticket renewal income.
Mean of Grouped Data. The mean (or average) of observations, as we know, is the sum of the values of all the observations divided by the total number of observations. If x1, x2,. . ., xn are observations with respective frequencies f1, f2, . . ., fn, then this means observation x1 occurs f1 times, x2 occurs f2 times, and so on.
When you get a big set of data there are all sorts of ways to mathematically describe the data. The term average is used a lot with data sets. Mean, median, and mode are all types of averages. Together with range, they help describe the data. Definitions: Mean - When people say average they usually are talking about the mean. You can figure out the mean by adding up all the numbers in the data and then dividing by the number of numbers.