Also known as Arithmetic Average
The mean can be used with Ordinal Data, Interval Data and Ratio Data.
This is often just referred to as the mean or the average.
It doesn't follow that any of the values have this particular value or even anything close to it.
Although very easy to calculate and interpret it can be easily affected by extreme values.
The symbol normally used for the arithmetic mean (of a sample) is the x-bar.
For more examples of this function please refer to the AVERAGE page.
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