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.
To determine decile 5 of a series of observations, they are first arranged in order from lowest to highest, and then divided into 10 equal groups. Decile 5 is the value at the top of the 5th grouping; in other words, the middle value in the ranking. In 50% of the years on record the monthly or yearly rainfall total was lower than the decile 5 value.