Arithmetic mean: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Administrator (CSV import) |
imported>Administrator No edit summary |
||
| Line 10: | Line 10: | ||
* [[Composite indices]] | * [[Composite indices]] | ||
* [[Expected value]] | * [[Expected value]] | ||
* [[Geometric mean] | * [[Geometric mean] | ||
Revision as of 07:48, 24 October 2012
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 = 5%.
Also sometimes known as the Mean or the Expected value E[X].
Sometimes denoted by 'µ' - the Greek letter mu (or m).
See also
- Composite indices
- Expected value
- [[Geometric mean]
