how to calculate the mean of a variable called networth for the age bin of 18-28 in matlab

To calculate the mean of a variable called networth for the age bin of 18-28 in MATLAB, you can follow these steps:

  1. Filter the data based on the age bin of 18-28 using logical indexing.
  2. Calculate the mean of the filtered data.

Here is an example code snippet:

main.m
% Example data
age = [20, 25, 26, 19, 27, 22, 28];
networth = [10000, 20000, 15000, 12000, 18000, 25000, 14000];

% Filter the data based on age bin 18-28
filteredData = networth(age >= 18 & age <= 28);

% Calculate the mean of the filtered data
meanNetworth = mean(filteredData);
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In this example, the age variable represents the age values, and networth variable represents the corresponding net worth values. The code filters the networth data based on ages between 18 and 28 using logical indexing, and then calculates the mean of the filtered data.

The result will be stored in the meanNetworth variable, which will give you the mean of the variable networth for the age bin of 18-28.

Note: Make sure to replace the example data with your actual data to calculate the mean for your specific case.

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