<u>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.</u>
Step-by-step explanation:
<u>Mean is an essential concept in mathematics and statistics. The mean is the average or the most common value in a collection of numbers.</u>
How to calculate mean?
<u>There are different ways of measuring the central tendency of a set of values. There are multiple ways to calculate the mean. Here are the two most popular ones:</u>
Arithmetic mean is the total of the sum of all values in a collection of numbers divided by the number of numbers in a collection. It is calculated in the following way:
