a. For what value of c is the quantity ?(xi –

Chapter 1, Problem 68E

(choose chapter or problem)

Get Unlimited Answers
QUESTION:

Problem 68E

a. For what value of c is the quantity ∑(xi – c)2minimized? [Hint: Take the derivative with respect to c, set equal to 0, and solve.]

b. Using the result of part (a), which of the two quantities )?

Questions & Answers

QUESTION:

Problem 68E

a. For what value of c is the quantity ∑(xi – c)2minimized? [Hint: Take the derivative with respect to c, set equal to 0, and solve.]

b. Using the result of part (a), which of the two quantities )?

ANSWER:

Answer:

Step1:

            a). Given that, for what value of c is the quantity   minimized.

                   Let  S =  

        Differentiate with respect to ‘c’.

      That is,

                 

 

                  =

              ( therefore, the formula for = n)

      So that,

Add to cart


Study Tools You Might Need

Not The Solution You Need? Search for Your Answer Here:

×

Login

Login or Sign up for access to all of our study tools and educational content!

Forgot password?
Register Now

×

Register

Sign up for access to all content on our site!

Or login if you already have an account

×

Reset password

If you have an active account we’ll send you an e-mail for password recovery

Or login if you have your password back