MHB Find Mean With Multiple Data [Shortcut]
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To find the mean with multiple data points, the formula used is \(\overline{x}=\frac{\sum\limits_{k=1}^n\left(x_kf_k\right)}{\sum\limits_{k=1}^n\left(f_k\right)}\). Users expressed confusion about applying this formula to their data samples. An Excel shortcut for this calculation is =SUMPRODUCT(A2:A5, B2:B5) / SUM(B2:B5). However, it was clarified that calculating the mean without multiplying each data point by its frequency is not feasible. The provided formulas represent the simplest method for computing the mean from a frequency table.
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