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What is the Mean?
The mean, also known as the arithmetic average, is a measure of central tendency that represents the typical value in a dataset. It's calculated by adding all values and dividing by the number of values.
Mean Formula
Mean = (x₁ + x₂ + x₃ + ... + xₙ) / n
Where x₁, x₂, x₃, ... xₙ are the individual values and n is the total number of values.
When to Use the Mean
- When you need a single value to represent the center of your data
- For normally distributed data without extreme outliers
- When calculating other statistics like variance and standard deviation
- For comparing different datasets or groups
Example Calculation
For the dataset [2, 4, 6, 8, 10]:
Mean = (2 + 4 + 6 + 8 + 10) ÷ 5 = 30 ÷ 5 = 6