The sum of several numbers divided by their count nicely summarizes the overall size of the numbers involved in a single value.

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2answers
980 views

Normalizing data to a given value.

I would like compare the data by normalizing it to a given value. for example: [20,30,40,50,60,70] How do I normalize the given set of elements to its first value, ...
2
votes
1answer
314 views

Arithmetic, Geometric, Harmonic Means

There are situations in which just one of the arithmetic, geometric, and harmonic means are appropriate to use an the other two are meaningless. Is there any situation which more than one of these ...
0
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0answers
139 views

How to find “approximate most common” value from a list of RGB values

I have about 50 equally sized photos of magazine covers, which I'm attempting to blend into one composite image that shows the "average" cover. Each of the covers has a single face on it, so the ...
0
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1answer
45 views

cal average speed

the following table represents the number of miles traveled per day by a hiker on his week-long excursion. Find the hiker's average speed in miles per day in the latter half of the week(days 4-7) Day ...
1
vote
1answer
70 views

The Average Speed of an object

I'm pretty sure this has more to do with fundamental Math than Physics and that is why I'm asking this here rather than Physics.SE Imagine some object travelling along a straight path from point $A$ ...
0
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2answers
310 views

Inverse Percentage.

Sorry for asking this foolish question. Here is the data i have. I purchased the product as $5 and additional fee is 2%. So Here is the total dollor ...
0
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1answer
38 views

Set of Points into Two Groups with Same Average?

What kind of algorithm using MATLAB or done by hand will allow someone, given a set of data points, to divide them into two groups with as close of an average as possible?
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1answer
2k views

Mean/ Expected Value of $X^4$

$\def\Var{\mathop{\rm Var}}$Can anyone help me prove that Expected Value of $X^4$ is $3\Var(X)^4$, if the Expected Value of $X$ is zero and $\Var(X)$ is the Variance of $X$? Thanks!
1
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3answers
47 views

Average value of recurrent function.

Given a function f(x) = a*f(x-1) where a is a number between 0 and 1, what is the average value of ...
2
votes
1answer
94 views

Game of bullets

Lets say with have a game with 10 targets. In each turn the participant shoots X number of different and random targets, where X is a random whole number between 0 and 10 (included). Game ends when ...
0
votes
1answer
60 views

what “average” to use that will give the most relevant value f0r portfolio

My assignment requires me to find return on capital, industry wise for the loan portfolio classified into various industry/sector, the data fields are : ... Name of account|industry|Outstanding Amount|...
2
votes
1answer
359 views

Geometric Mean of an Interval

Is there any way to calculate one? If it't not clear what I mean, here's an example: Starting with an initial value, keep multiplying it by some random amount on the interval [1, 2] at regular ...
1
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0answers
2k views

Bar Mean vs Bracket Mean

I know that the standard representation for the average of a data set: $$ \bar{x} = \frac{1}{N} \sum_{i}^N{x_i} $$ I have also ran into an average denoted as $\langle x \rangle$. This notation is ...
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0answers
38 views

Is $x_1^{\alpha_1} + \dotsb + x_n^{\alpha_n}\geq x_1^{h/n}\dotsb x_n^{h/n}$ an example of power means?

I learned here that there is a relation between weighted means of the form $x_1^{\lambda_1}\dotsb x_n^{\lambda_n}$ and $(\lambda_1 x_1^r + \dotsb + \lambda_nx_n^r)^{1/r}$, namely that the former is ...
8
votes
1answer
386 views

Why is the $0$th power mean defined to be the geometric mean?

Mentioned in the wikipedia article, the $0$th power mean is defined to be the geometric mean. Why is this? I understand that a convenient consequence is that the means are ordered by their exponent. ...
1
vote
5answers
185 views

How do you determine the “average” of a certain value?

I have checked out the Wikipedia article, but it's too complicated for me. Also, this definition: constituting the result obtained by adding together several quantities and then dividing this ...
7
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0answers
264 views

What's the average distance between two discs in the plane?

Consider two discs in the plane of radius $r$ and $s$, with centers separated by a distance $l$. If we choose a point uniformly at random from each disc, what is the expected distance between the two ...
1
vote
1answer
51 views

Statistics Range from x to y find average

The problem state that: Quantity A: The integer ages of the three children range from 2 to 13, and no two children are the same age. The average of all three children. Quantity B: 10 Compare A and ...
1
vote
3answers
69 views

Estimating $\sum_{k=1}^N a_kb_k$ given the means $\bar a_k,\bar b_k$ and determining the error

I need to calculate the following expression: $$\sum_{k=1}^N a_k b_k$$ I know the average values of $a_k$ , defined as $\overline {a_k} = {\sum_{k=1}^N a_k \over N } $ and $b_k$ , defined as $\...
0
votes
1answer
40 views

What is the average value of number-range along interval?

Given a finite range of real numbers $$x = x_0,x_1,x_2,...,x_n$$ and an interpolation function $f(c), c\in[0..1]$ (such that e.g. $c(0)=x_0$, $c(1)=x_n$), and an interval $$I =[u,v], u\in[0..1], v\...
0
votes
2answers
65 views

Average and aggregate values with a distribution function

I'm reading an economics paper and I'm trying to understand if a statement made by the author is an assumption or the consequence of a previous definition. The part I don't understand is the ...
0
votes
2answers
222 views

Average Proofs, where $n\ge 2$ is greater than the average of real numbers

Prove that at least one of the real numbers $a_1; a_2;... a_n,$ where $n \ge 2$, is greater than or equal to the average of these numbers. I'm stuck on how I am supposed to prove this. Honestly ...
0
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1answer
37 views

Probability question help

A company that sells annuities must base the annual payout on the distribution of the length of life of the participants in the plan. Suppose the distribution of male participants' lifetimes is ...
0
votes
1answer
168 views

I have a mean and a desired range for a normal distribution, how do I discover what standard deviation I need?

I have a mean and a desired range for a normal distribution, how do I discover what standard deviation I need? I may not be using the correct terminology so here's a graph: Based on this, if you ...
2
votes
1answer
97 views

Estimate the true mean: given only measurements above a known threshold

I have a computer-generated logfile which shows events which took longer than a particular time threshold (say 1 second for the sake of argument): if I measure the mean of these measurements, it seems ...
2
votes
3answers
1k views

find new average if removing one element from current average

Ok, so say that I have a current rating average: 3.3/5 Now I want to say to remove a rating of 4. How do I find the new average? Or is this even possible?
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0answers
79 views

Difference between $\frac{1}{n} \sum_{i=0}^n \frac{b_i}{a_i+b_i}$ and $\frac{\sum_{i=0}^n b_i}{\sum_{i=0}^n a_i + b_i}$

Consider scenario like this: each user can add movies. each user can rate movies he added. I want to know how many movies average user has unrated (as in average percentage). Let's translate this ...
0
votes
0answers
76 views

About a special way to find the average waiting time to get a sequence

A friend of mine taught me the following question: You have a coin. When you toss it up, heads you note $1$, tails you note $0$. Then, tossing it up repeatedly, let's find the average waiting time to ...
1
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2answers
59 views

Expected average of number of tiles empty

I have a grid of 3x4 and every tile on the grid has a corresponding chance of being empty. This chance is given. For example, consider the following grid: $$ \frac{14}{15} \frac{1}{3} \frac{8}{13} \...
2
votes
3answers
82 views

Why should ${\sum_1^n {s_i} \over \sum_1^n {t_i}} = {n \over \sum_1^n{t_i \over s_i}}$? (harmonic mean)

I realized it reading about computer performance. This identity is presented there with words: dividing total distance by total time, you arrive at average execution rate on the left. On the right, ...
0
votes
2answers
166 views

Bringing numbers in a set closer together

I'm trying to express the relative scale of items compared to an "average" scale for all items in the set. This produces values like { 0.5, 1.8, 0.3, 1.2 ... } I then wish to use this number to ...
1
vote
1answer
42 views

For N-day moving average, how is N parameter called?

I'm looking for a good name for the variable. Average window length? Sounds like a term for a glass cutter.
0
votes
1answer
95 views

Average amount needed for x number of months remaining

I'm trying to calculate the average amount of profit needed to hit a milestone based on the number of months remaining. So let's say the goal is £1,000 and there are 5 months left. If I have £400 ...
4
votes
1answer
153 views

Mean value of the rotation angle is 126.5°

In the paper "Applications of Quaternions to Computation with Rotations" by Eugene Salamin, 1979 (click here), they get 126.5 degrees as the mean value of the rotation angle of a random rotation (by ...
1
vote
1answer
2k views

Weighted Average of Percentage Increases

I believe I have quite a simple problem, but want clarification on whether it is the best method to use. Say I have have insurance line, and the net income (£) from this business for 2011, 2012, 2013 ...
2
votes
2answers
2k views

How to calculate weight of positive and negative values.

We have used formula formula to calculate weight as, $$ w_1 = \frac{s_1}{s_1 + s_2 + s_3};$$ $$ w_2 = \frac{s_2}{s_1 + s_2 + s_3};$$ $$ w_3 = \frac{s_3}{s_1 + s_2 + s_3};$$ However, their is ...
1
vote
2answers
485 views

Calculate the average sales per day in 2010.

In 2005, Company K was 730 000 units of the car market. Total sales is 50% of the total cars sold in 2010. Calculate the average sales per day in 2010. Calculation: Total sales in 2010 = $50\% \...
6
votes
1answer
643 views

continuously averaging a stream of numbers

Ok, so I'd like a little help with the mathematical theory behind something I'm doing in a program. I've got a stream of numeric inputs, and I need to find the average of all the numbers in this ...
30
votes
2answers
2k views

What's the mean of all real numbers?

At first, I had thought the average must be zero, since for every positive number there's an equal magnitude negative number to cancel out the positive number's effect on the average, leaving only ...
0
votes
1answer
208 views

average/weighted average within Excel

5 star 128 4 star 17 3 star 10 2 star 2 1 star 14 Average stars 4.42 How many more 5 stars would I need to get ...
1
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0answers
70 views

How to measure the time-decayed rate of independent event

I have events arriving in a software system at a variable rate. Imagine these events are, say, hits on a website. I'd like to periodically report on the rate of arrival of events over a number of ...
8
votes
5answers
411 views

Puzzle in Percentages

Okay, this is a real-time problem. The following is a picture of Customer satisfaction rating, which was displayed next to an item in an online shopping website. Satisfied customers click the ...
0
votes
1answer
140 views

different types of Averages : prove there is an inequality between different averages

This is something I have been curious based on observations I have made by analyzing data from the energy industry. The context is you have monthly data for energy used per month and the cost per ...
5
votes
2answers
317 views

If I put $M$ balls into $N$ boxes at random, what is the average number of balls in the boxes that are not empty?

I have a very brief question: if I put $M$ balls into $N$ boxes at random, what is the average number of balls in the boxes that are not empty?
2
votes
3answers
75 views

What is the mean score for the $20$ rolls?

A fair die is rolled twenty times. The results are shown in the bar graph. What is the mean score for the $20$ rolls?
2
votes
3answers
2k views

Way to aggregated percentiles

I want to have information of http response times. The average, 95 and 99 percentil. All the response times are collected in each web server, and every second is sent back to a central server that ...
1
vote
2answers
67 views

Problem Solving using Algebra

If Peter is $7$ years older than Sharon and John is twice as old as Peter, work out how old Peter is if the average of their ages is $19$. Thanks! :)
0
votes
1answer
108 views

Find the value of each number which derives an average given a starting point, end point and total of numbers used.

Given an average, a low number, a high number and the total amount of numbers used (stated) to derive the average, is there a formula to determine what the value of each number was, that amounted to ...
3
votes
1answer
70 views

Is it always true that “max $\ge$ average + sigma”?

Assume that $i$ from $1,\ldots,N$, $x_i \ge 0$ and: $$\mathrm{avg} = \frac{\sum_i x_i}{N}$$ $$\sigma = \sqrt\frac{\sum_i{(x_i-\mathrm{avg})^2}}{N}$$ Is that true that: $$\max_i x_i \ge \mathrm{avg}...
1
vote
1answer
240 views

weighted average

I'm not sure the correct term for my problem is weighted average. But let me explain. I've conducted a survey where participants answer on a scale betweeen $1$ and $7$. The questions fall into three ...