Show that the sum of the deviations of values from their mean is Zero: 1.3, 7.0, 3.6, 4.1, 5.0

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 24HP
icon
Related questions
Question

Answer the only Question V: in image

Year
2015
2016
2017
2018
2019
2020
Price
20
21 23
28 30 35
Taking 2015 as base year
b)
Using Chain base method.
Calculate index number. (a)
Show that the sum of the deviations of values from their mean is Zero: 1.3, 7.0, 3.6, 4.1, 5.0
SECTION 'C!
NSW ER OUESTIO NS)
Marks: 10
Transcribed Image Text:Year 2015 2016 2017 2018 2019 2020 Price 20 21 23 28 30 35 Taking 2015 as base year b) Using Chain base method. Calculate index number. (a) Show that the sum of the deviations of values from their mean is Zero: 1.3, 7.0, 3.6, 4.1, 5.0 SECTION 'C! NSW ER OUESTIO NS) Marks: 10
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Basics (types, similarity, etc)
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
Functions and Change: A Modeling Approach to Coll…
Functions and Change: A Modeling Approach to Coll…
Algebra
ISBN:
9781337111348
Author:
Bruce Crauder, Benny Evans, Alan Noell
Publisher:
Cengage Learning
College Algebra
College Algebra
Algebra
ISBN:
9781305115545
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning