Question
Find the mean deviation taking deviation from the mean for the given individual observation
10, 20, 30, 40, 50, 60, 70
10, 20, 30, 40, 50, 60, 70
| S. No. | X | $|\text{D}|=|\text{X}-\bar{\text{X}}|\bar{\text{X}}=40$ |
| 1 | 10 | 30 |
| 2 | 20 | 20 |
| 3 | 30 | 10 |
| 4 | 40 | 0 |
| 5 | 50 | 10 |
| 6 | 60 | 20 |
| 7 | 70 | 30 |
| n = 7 | $\sum\text{X}=280$ | $\sum|\text{D}|=120$ |
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| Output (Units) | Total Variable Cost (₹) | Average Variable Cost (₹) | Marginal Cost (₹) |
| 1 | 10 | - | - |
| - | - | 8 | 6 |
| 3 | 27 | - | - |
| - | - | 10 | 13 |
| Output (Units) | Total Revenue (₹) | Total Cost (₹) |
| 1 | 7 | 8 |
| 2 | 5 | 10 |
| 3 | 4 | 12 |
| 4 | 2 | 15 |
| 5 | 1 | 16 |