The weighted arithmetic mean is computed using the following formula:
\( \text{Mean} = \frac{\sum (\text{value}) \times (\text{weight})}{\sum \text{weights}} \)
For case (B), with weights \( 1, 1, 3 \):
\(\text{Mean} = \frac{10(1) + 20(1) + 30(3)}{1 + 1 + 3} = \frac{10 + 20 + 90}{5} = 24\)
Hence, option (b) is the correct selection.
List-I(Works) | List-II(Authors) | ||
|---|---|---|---|
| A | Theory of Moral Sentiments | I | J.M. Keynes |
| B | Theories of Surplus Value | II | J.S. Mill |
| C | General Theory | III | Adam Smith |
| D | On Liberty | IV | Karl Marx |