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actuar (version 3.3-4)

mean.grouped.data: Arithmetic Mean

Description

Mean of grouped data objects.

Usage

# S3 method for grouped.data
mean(x, ...)

Value

A named vector of means.

Arguments

x

an object of class "grouped.data".

...

further arguments passed to or from other methods.

Author

Vincent Goulet vincent.goulet@act.ulaval.ca

Details

The mean of grouped data with group boundaries \(c_0, c_1, \dots, c_r\) and group frequencies \(n_1, \dots, n_r\) is $$\frac{1}{n} \sum_{j = 1}^r a_j n_j,$$ where \(a_j = (c_{j - 1} + c_j)/2\) is the midpoint of the \(j\)th interval, and \(n = \sum_{j = 1}^r n_j\).

References

Klugman, S. A., Panjer, H. H. and Willmot, G. E. (1998), Loss Models, From Data to Decisions, Wiley.

See Also

grouped.data to create grouped data objects; emm to compute higher moments.

Examples

Run this code
data(gdental)
mean(gdental)

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