arithmetic mean

Definitions

General Science

• noun a number calculated by adding together several figures and dividing by the number of figures added.

Accounting

• noun a simple average calculated by dividing the sum of two or more items by the number of items

Health Economics

• (written as Arithmetic Mean)
  A measure of the central tendency of a set of numbers. The average of a set of numbers. The sum of the observations divided by their number. Arithmetic mean = ∑X_i/N, where the X_i are the values of X and N is the total number of observations. The qualifier 'arithmetic' is usually dropped.
• abbreviationmean

Nearby Definitions of “arithmetic mean”

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Contexts for “arithmetic mean”

4 definitions in context
• General Science
• Accounting
• Health Economics