To simplify calculations, we take a value close to all observations as an assumed mean. This reduces arithmetic complexity while giving the same result.
Step 1: Choose an assumed mean
Let the assumed mean be:
a = 18.75
Step 2: Find deviations from the assumed mean
di = xi − a
20.00 − 18.75 = 1.25
19.75 − 18.75 = 1.00
18.25 − 18.75 = −0.50
17.01 − 18.75 = −1.74
Step 3: Calculate the corrected mean
Mean deviation correction:
\(\bar{x} = a + \dfrac{\sum d_i}{n}\)
\[ \bar{x} = 18.75 + \frac{(1.25 + 1.00 − 0.50 − 1.74)}{4} \]
\[ \bar{x} = 18.75 + \frac{0.01}{4} = 18.7525 \]
Step 4: Mean absolute error
\[ \Delta x = \frac{\sum |x_i − \bar{x}|}{n} \]
\[ = \frac{1.2475 + 0.9975 + 0.5025 + 1.7425}{4} = 1.1225 \]
Step 5: Relative error
\[ \text{Relative error} = \frac{\Delta x}{\bar{x}} = \frac{1.1225}{18.7525} \approx 0.06 \]
Final Answer:
Relative error ≈ 0.06