Question
Give the steps involved in the calculation of mean deviation from the arithmetic mean for ungrouped data.
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| Output (Units) | Total Revenue (₹) | Average Revenue (₹) | Marginal Revenue (₹) |
| 1 | - | 10 | - |
| 2 | - | 8 | - |
| 3 | - | 6 | - |
| p | $d_1$ | $d_2$ |
| 1 | 9 | 24 |
| 2 | 8 | 20 |
| 3 | 7 | 18 |
| 4 | 6 | 16 |
| 5 | 5 | 14 |
| 6 | 4 | 12 |
|
Mid-value
|
5
|
15
|
25
|
35
|
45
|
55
|
|
Frequency
|
16
|
24
|
30
|
18
|
8
|
4
|
| Years | 2014 | 2015 | 2016 | 2017 | 2018 |
| Production of wheat (million tonnes) | 100 | 200 | 400 | 340 | 550 |