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. We already know how to find the mean from a frequency table. Finding the mean for grouped or continuous data is very similar. The grouped frequency table shows the number of CDs bought by a class of children in the past year.