- Arithmetic Mean
- A mathematical representation of the typical value of a series of numbers, computed as the sum of all the numbers in the series divided by the count of all numbers in the series.
Arithmetic mean is commonly referred to as "average" or simply as "mean".
Suppose you wanted to know what the arithmetic mean of a stock's closing price was over the past week. If during the five-day week the stock closed at $14.50, $14.80, $15.20, $15.50, and then $14.00, its arithmetic mean closing price would be equal to the sum of the five numbers ($74.00) divided by five, or $14.80.
Investment dictionary. Academic. 2012.
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arithmetic mean — ➔ mean2 * * * arithmetic mean UK US noun [S] ► MEAN(Cf. ↑mean) noun … Financial and business terms
arithmetic mean — arithmetic average An average obtained by adding together the individual numbers concerned and dividing the total by their number. For example, the arithmetic mean of 7, 20, 107, and 350 is 484 4 = 121. This value, however, gives no idea of the… … Big dictionary of business and management
arithmetic mean — n. the average obtained by dividing a sum by the number of its addends … English World dictionary
Arithmetic mean — In mathematics and statistics, the arithmetic mean, often referred to as simply the mean or average when the context is clear, is a method to derive the central tendency of a sample space. The term arithmetic mean is preferred in mathematics and… … Wikipedia
arithmetic mean — UK / US noun [countable] Word forms arithmetic mean : singular arithmetic mean plural arithmetic means maths an average number or amount … English dictionary
arithmetic mean — aritmetinis vidurkis statusas T sritis Standartizacija ir metrologija apibrėžtis Apibrėžtį žr. priede. priedas( ai) Grafinis formatas atitikmenys: angl. arithmetic average; arithmetic mean; arithmetical mean vok. arithmetischer Mittelwert, m;… … Penkiakalbis aiškinamasis metrologijos terminų žodynas
arithmetic mean — aritmetinis vidurkis statusas T sritis fizika atitikmenys: angl. arithmetic average; arithmetic mean; arithmetical mean vok. arithmetischer Mittelwert, m; arithmetisches Mittel, n rus. арифметическое среднее, n; среднее арифметическое значение, n … Fizikos terminų žodynas
arithmetic mean — noun the sum of the values of a random variable divided by the number of values • Syn: ↑first moment, ↑expectation, ↑expected value • Topics: ↑statistics • Hypernyms: ↑mean, ↑mean value … Useful english dictionary
arithmetic mean — noun The measure of central tendency of a set of values computed by dividing the sum of the values by their number; commonly called the mean or the average. The arithmetic mean of 3, 6, 2, 3 and 6 is (3 + 6 + 2 + 3 + 6) / 5 = 4 Syn: average, mean … Wiktionary
arithmetic mean — ar′ithmet′ic mean′ n. sta math. the mean obtained by adding several quantities together and dividing the sum by the number of quantities: The arithmetic mean of 1, 5, 2, and 8 is 4 Also called average … From formal English to slang