Solved Examples on Average Value

Problem 1: A teacher recorded the marks of 5 students in a mathematics test. The marks obtained by the students are 85, 90, 75, 80, and 95. Find the average marks scored by the students.

Solution:

To find the average marks, we sum up all the marks and then divide by the total number of students.

Total marks = 85 + 90 + 75 + 80 + 95

= 425

Number of students = 5

Average marks = Total marks / Number of students

= 425 / 5

= 85

So, the average marks scored by the students is 85.

Problem 2: The average age of a group of 6 friends is 25 years. If the ages of 5 friends are 22, 24, 26, 27, and 28 years respectively, what is the age of the sixth friend?

Solution:

Let’s denote the age of the sixth friend as  x.

Given that the average age of 6 friends is 25 years:

Total age of 6 friends = Average age × Number of friends

= 25 × 6

= 150 years

Now, we subtract the total age of 5 known friends from the total age of 6 friends to find the age of the sixth friend:

 x + 22 + 24 + 26 + 27 + 28 = 150

 x + 127 = 150

 x = 150 – 127

 x = 23

So, the age of the sixth friend is 23 years.

Problem 3: We have a set of numbers that is 5, 3, 0, 6, 4, 3, 7, 1, 10, 9, 8. Find the mean, median, and mode.

Solution:

Mean:

5+3+0+6+4+3+7+1+8+9+10 = 56 and 56/10 = 5.6

Median:

5 (after arranging in ascending order 0,1,3,3,4,5,6,7,8,9,10 the middle term is 5)

Mode:

3 {as it is repeated the highest number of times(2 times)}.

Average Value and Calculation

Understanding averages is a fundamental aspect of quantitative analysis across various fields, from finance to academia, from sports to business. Whether it’s determining the average income of a population or the average score of a student, the concept of average value serves as a crucial tool for summarizing data and drawing meaningful insights. In this article, we delve into the essence of average value, its significance, and the methods to calculate it.

Table of Content

  • What is Average Value?
  • Types of Averages
  • Arithmetic Mean
  • Median
  • Mode
  • Comparing Mean, Median, and Mode
  • Solved Examples on Average Value
  • Practice Questions on Average Value

Similar Reads

What is Average Value?

Average value, simply put, is the central value representing a set of data points. It provides a single numerical summary that is indicative of the overall trend or characteristic of the dataset....

Types of Averages

The different methods used to calculate average value depend on the analyzed data type....

Arithmetic Mean

The mean, or arithmetic mean, is the sum of all values in a data set divided by the number of values. It is the most commonly used measure of central tendency....

Median

Median is the middle value of a dataset when the values are arranged in ascending or descending order. If the number of values is even, the median is the average of the two middle values....

Mode

Mode is the most frequently occurring value in a data set, which can be one mode, multiple modes, or no mode if all values are unique....

Comparing Mean, Median, and Mode

Difference between median, mode and mean is presented in tabular form:...

Solved Examples on Average Value

Problem 1: A teacher recorded the marks of 5 students in a mathematics test. The marks obtained by the students are 85, 90, 75, 80, and 95. Find the average marks scored by the students....

Practice Questions on Average Value

Question 1. Calculate the median of the data set 3, 5, 7, 9, 11, 13, 15....

Conclusion

Calculating averages—helps us understand data:...

FAQs

What is average value?...