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Arithmetic Mean
For observations:
$$x_1,x_2,\ldots,x_n$$
the arithmetic mean is:
$$\bar{x}=\frac{x_1+x_2+\cdots+x_n}{n}$$
Usage
- The most commonly used measure of central tendency.
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Arithmetic Mean
For observations:
$$x_1,x_2,\ldots,x_n$$
the arithmetic mean is:
$$\bar{x}=\frac{x_1+x_2+\cdots+x_n}{n}$$
Usage
- The most commonly used measure of central tendency.
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