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.
Another way to describe the variability of a set of data is to use its mean absolute deviation. The mean absolute deviation of a set of data is the average distance between each data value and the mean.The mean number of contacts stored and the distance each data value is from the mean is shown below.