Mean Value
The exploration of statistical measures begins with the concept of the mean value. To calculate the mean, we add up all the numbers in the sequence of data and then divide by the total number of values.
Take a look at the illustration where the calculation of the mean salary of people is shown:
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SectionΒ 1. ChapterΒ 4
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Mean Value
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The exploration of statistical measures begins with the concept of the mean value. To calculate the mean, we add up all the numbers in the sequence of data and then divide by the total number of values.
Take a look at the illustration where the calculation of the mean salary of people is shown:
Everything was clear?
Thanks for your feedback!
SectionΒ 1. ChapterΒ 4