The simple definition of a mean is that of a numeric quantity which represents the center of a collection of numbers. Here the trick lies in defining the exact type of numeric collection, as beyond ...

The formula of Mean: In statistics, "mean" is a measure of central tendency, calculated by summing up all the values in a dataset and dividing by the number of data points. The single numerical value ...

Q2. What is the formula used in Arithmetic Mean? Ans. Arithmetic Mean = Sum of all terms in the AP / Number of terms in the AP Q3. What is the formula used in the Sum of ‘n’ terms of an AP? Ans. Sum ...

In the investment world, it’s common to discuss average rates of return. It’s not sufficient, however, to simply add up historical returns and divide by how many there are. The proper way to calculate ...