The GEOMEAN and HARMEAN are advanced statistical functions that typically require a deeper understanding of mathematics. This is probably why they aren't taught as often as the AVERAGE function.

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 ...

Measures of Central Tendency Class 11 Revision Notes: This article hands out revision notes for CBSE Class 11 Chapter 5, Measures of Central Tendency. A PDF download link has also been attached to the ...

Different procedures underlying the determination of the mean of a set of values impart different weights to these values. Thus, different methods result in different weighted means. In particular, ...

An unfortunate misinterpretation of Canadian case law has discouraged appraisers from using the arithmetic mean to average sale values. Appraisers should have no reservations about averaging sales ...