The following data represent the number of people aged 25 to 64 years covered by health insurance (private or government) in 2018. Approximate the mean and standard deviation for age. Age25-3435-4445-5455-64 Number (millions)24.935.330.521.7 Question content area bottomPart 1μ=enter your response here(Type an integer or decimal rounded to two decimal places as needed.)Part 2σ=enter your response here(Type an integer or decimal rounded to two decimal places as needed.)

Mean μ=mean=ΣxifiΣfi Variance σ2=Σfixi-mean2Σfistandard deviation,σ=Σfixi-mean2Σfi

Answered: Approximate the mean and standard…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Question content area bottom

Part 1

μ=enter your response here

(Type an integer or decimal rounded to two decimal places as needed.)

Part 2

σ=enter your response here

(Type an integer or decimal rounded to two decimal places as needed.)

Definition Definition Measure of central tendency that is the average of a given data set. The mean value is evaluated as the quotient of the sum of all observations by the sample size. The mean, in contrast to a median, is affected by extreme values. Very large or very small values can distract the mean from the center of the data. Arithmetic mean: The most common type of mean is the arithmetic mean. It is evaluated using the formula: μ = 1 N ∑ i = 1 N x i Other types of means are the geometric mean, logarithmic mean, and harmonic mean. Geometric mean: The nth root of the product of n observations from a data set is defined as the geometric mean of the set: G = x 1 x 2 ... x n n Logarithmic mean: The difference of the natural logarithms of the two numbers, divided by the difference between the numbers is the logarithmic mean of the two numbers. The logarithmic mean is used particularly in heat transfer and mass transfer. ln x 2 − ln x 1 x 2 − x 1 Harmonic mean: The inverse of the arithmetic mean of the inverses of all the numbers in a data set is the harmonic mean of the data. 1 1 x 1 + 1 x 2 + ...

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