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Mean is an essential concept in mathematics and statistics. The mean is the average or the most common value in a collection of numbers. In statistics, it is a measure of central tendency of a probability distribution along median and mode.
mean Statistics noun The sum of the values of all observations or data points divided by the number of observations; an arithmetical average; the central tendency of a collection of numbers, which is a sum of the numbers divided by the amount of numbers the collection.
May 23, 2021 · The mean is a statistical indicator that can be used to gauge the performance of a company’s stock price over a period of days, months, or years; a company through its earnings over a number of ...
Mean (statistics) synonyms, Mean (statistics) pronunciation, Mean (statistics) translation, English dictionary definition of Mean (statistics). intend: What do you mean?; signify, indicate, imply; malicious: a mean bully Not to be confused with: mien – a person’s look or bearing: a woman of regal...
In statistics, the mean summarizes an entire dataset with a single number representing the data’s center point or typical value.It is also known as the arithmetic average, and it is one of several measures of central tendency.