The Average
The average or the mean of a finite set of numbers is, well, the average. For example, the average of the (multiset of) numbers is given by:
When we have some real-valued variable (a variable with real number values), for example the heights of the students in a class, that we know all about — i.e. we have the data or statistics of the variable — we can define it’s average or mean.
Definition
Let be a real-valued variable with data
. The average or mean of
, denoted by
is defined by:
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