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Descriptive Statisticshard
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In a weighted least squares optimization, we wish to find a constant c∗c^*c∗ that minimizes the weighted sum of squared deviations: f(c)=∑i=1nwi(xi−c)2f(c) = \sum_{i=1}^n w_i (x_i - c)^2f(c)=∑i=1n​wi​(xi​−c)2, where wi>0w_i > 0wi​>0. Identify the statistic c∗c^*c∗ represents and compute its value for the dataset X={10,20,30}X = \{10, 20, 30\}X={10,20,30} with weights W={1,2,3}W = \{1, 2, 3\}W={1,2,3}.