The average income of individuals in one group is $\bar{x}$ and the average income of another group is $\bar{y}$. If the ratio of the number of individuals in both groups is $4:3$,what is the average income of the combined group?

  • A
    $\frac{\bar{x} + \bar{y}}{7}$
  • B
    $\frac{3\bar{x} + 4\bar{y}}{7}$
  • C
    $\frac{4\bar{x} + 3\bar{y}}{7}$
  • D
    None of these

Explore More

Similar Questions

Let the mean and the variance of seven observations $2, 4, \alpha, 8, \beta, 12, 14$ (where $\alpha < \beta$) be $8$ and $16$ respectively. Then the quadratic equation whose roots are $3\alpha + 2$ and $2\beta + 1$ is:

Let sets $A$ and $B$ have $5$ elements each. Let the mean of the elements in sets $A$ and $B$ be $5$ and $8$ respectively,and the variance of the elements in sets $A$ and $B$ be $12$ and $20$ respectively. $A$ new set $C$ of $10$ elements is formed by subtracting $3$ from each element of $A$ and adding $2$ to each element of $B$. Then the sum of the mean and variance of the elements of $C$ is $.......$.

If the coefficients of variation of two distributions are $40$ and $20$ and their variances are $144$ and $64$ respectively,then the mean of their arithmetic means is

The mean of a data set consisting of $20$ observations is $40$. If one observation $53$ was wrongly recorded as $33$,then the correct mean will be

The mean and variance of $7$ observations are $8$ and $16$ respectively. If one observation $14$ is omitted and $a$ and $b$ are respectively the mean and variance of the remaining $6$ observations,then $a+3b-5$ is equal to $..........$.

Vedclass Products

For Students

Vedclass Test Series

Mock tests in real JEE/NEET style with performance analysis. 5-day free trial.

Start Free Trial
For Teachers

Exam Paper Generator

Generate Set A/B/C/D exam papers from 7.5L+ questions in 2 minutes. 3 chapters free.

Try Free
For Institutes

Online Exam Module

Live online exams with unlimited students, 360° analytics & white-label branding.

See Demo