Arithmetic mean: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Improve calculations.) |
imported>Doug Williamson (Add link.) |
||
| (One intermediate revision by the same user not shown) | |||
| Line 19: | Line 19: | ||
== See also == | == See also == | ||
* [[Composite indices]] | * [[Composite indices]] | ||
*[[Expected cash flow]] | |||
* [[Expected value]] | * [[Expected value]] | ||
* [[Geometric mean]] | * [[Geometric mean]] | ||
[[Category:The_business_context]] | |||
Latest revision as of 18:16, 21 July 2022
Maths.
The arithmetic mean of a set of data is the simple average calculated by adding up all of the values and dividing by the total number of items.
For example, the arithmetic mean of 4%, 5% and 6% is:
= (4% + 5% + 6%) / 3
= 15% / 3
= 5%.
Also sometimes known more simply as the Mean.
Sometimes denoted by 'µ' - the Greek letter mu (or m).
