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Lesson 3 of 4 · Stacked bar

Total average

DI: Bar Graphs · for IPMAT Indore, IPMAT Rohtak and JIPMAT

Worked examples

Example 3Easy

Sugar shares 37, 32, 30, 42, 36 with equal costs. How many brands are below the average share?

Formulas you need

Average segment share (equal totals)=∑segment %n\text{Average segment share (equal totals)} = \dfrac{\sum \text{segment }\%}{n}

Watch out

  • Average direction: "average more than the company's value" counts companies below the average.

Picked from the Stacked bar note for this micro-concept automatically. The whole note: Stacked bar.