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Arithmetic mean |
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Arithmetic meanThe correct term for what most people call the 'average'. Often shortened to 'mean'.Calculated by adding up a series of values and dividing the total by the number of values.E.g. 1+2+3+4+5+6+7 = 28. The mean is 28 divided by 7 which equals 4.Similar MatchesArithmetic average (mean) rate of returnArithmetic average (mean) rate of returnArithmetic mean return. |
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