Mean Value
The study of statistical measures starts with the concept of the mean value. To calculate the mean, add all the numbers in a dataset and divide the sum by the total number of values.
The illustration below shows how to calculate the mean salary of a group of people:
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SectionΒ 1. ChapterΒ 4
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Mean Value
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The study of statistical measures starts with the concept of the mean value. To calculate the mean, add all the numbers in a dataset and divide the sum by the total number of values.
The illustration below shows how to calculate the mean salary of a group of people:
Everything was clear?
Thanks for your feedback!
SectionΒ 1. ChapterΒ 4