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.
The mean of a set of numbers, sometimes simply called the average, is the sum of the data divided by the total number of data. Example 1 : Find the mean of the set {2, 5, 5, 6, 8, 8, 9, 11}. There are 8 numbers in the set.