Mean Essential terms you should know.

Mean A Term You Need to Know

The mean, also known as the average, is a measure of central tendency in statistics that summarizes the values in a data set by finding their arithmetic sum and dividing by the number of observations. It represents the typical value of a data set, and is a useful way to describe the overall pattern of the data. To find the mean, add up all the values in the data set and divide by the number of values. The mean is sensitive to extreme values (outliers) and may not always accurately represent the data set, particularly if the data set is skewed or has multiple modes. In such cases, other measures of central tendency, such as the median or mode, may provide a better summary of the data.

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