WebAverage is the Same as Mean. Average and mean are measures of central tendency. They tell us what is the most typical number in a data set, or which number best represents all the numbers in the data set. How to … WebMar 6, 2024 · 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. It is also referred to as an expected value. It is a statistical concept that carries a major significance in finance. The concept is used in various financial ...
803 Synonyms & Antonyms of MEAN - Merriam Webster
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