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Home / Mathematics / Mean

Mean in Maths: Definition, Statistics with Types, Formulas and Key Terms

Last Updated on Mar 19, 2025
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What is the Meaning of Mean in Maths?

Mean, in Maths, is the final average value of the provided numbers or data. To determine the mean, we first require to add the total values provided in a datasheet and then divide the total sum by the total number of values/number given. Assume, in a given data table, the price values of 14 chairs are mentioned. If we have to determine the mean of the prices, then add the prices of each chair and divide the total sum by 14. It will appear in an average value.

Mean = (Sum of all the observations/Total number of observations)

Example: What is the mean of 2, 4, 8, 6 and 12?

Step 1: First add all the numbers.

2+4+6+8+12 = 32

Step 2: Now divide by 5 (here 5 is the total number of observations).

Mean = 32/5 = 6.4

Consider another example, where we have to determine the average age of teachers in a school. Here also we will apply the same procedure. First, add the individual age of all the teachers and then divide the sum by the total number of teachers present in the school.

Mean Meaning in Statistics

Mean is an approach that is generally used in Statistics. At our school level, we learned the theory behind the average calculation. However, in higher levels, we are introduced to the topic called mean.

Mean is a fundamental concept in mathematics and statistics. In statistics, it is defined as the measure of the central tendency of a probability distribution with median and mode. It is also recognized as the expected value.

Mean is nothing but the advanced version of average for a sequence or series of a number. In the actual world, when there is enormous data prepared, we practice statistics to deal with the calculations. Along with mean, statistics also include important terms like median and mode.

The Median is defined as the middle value of a given data/information/number when all the values are arranged in ascending order. The Mode is the number in the list, which appears for the maximum number of times. Mean is a statistical concept that carries major importance in finance. The concept is applied in various financial fields, including management and business valuation.

Types of Mean

There are majorly 3 distinct types of mean value that you will find in statistics.

  • Arithmetic Mean
  • Geometric Mean
  • Harmonic Mean

Arithmetic Mean

The Arithmetic Mean is the average of the numbers/data or can be understood as the calculated central value of a set of numbers. To determine Arithmetic Mean:

  • Add all the numbers/data given.
  • Divide the total obtained in the above steps by the total numbers/data.

Here N= Total number of observations.

Geometric Mean

The Geometric Mean or GM is the average value or mean which implies the central tendency of the set of numbers by using the root of the product of the values. Below is the formula for the Geometric Mean calculation.

This can also be written as;

Thus, the geometric mean is also represented as the nth root of the product of n numbers. values.

Harmonic Mean

 

Harmonic Mean or HM is determined as the reciprocal of the average of the reciprocals of the data values. The harmonic mean formula is applied to calculate the average of a set of numbers.

Here N=summation of f.

In general, the harmonic mean is used when there is a requirement to give higher weight to the smaller items. It is used in the case of times and average rates.

Important Points on Mean

  • The mean is the arithmetical average of a set of two or more numbers.
  • Arithmetic mean geometric mean and harmonic mean are three types of mean that can be calculated.
  • Summing the numbers/data in a set and dividing it by the total number provides the arithmetic mean.
  • The geometric mean is somewhat complicated and includes the multiplication of the numbers using the nth root.
  • The mean serves to evaluate the performance of an investment or company over a while, and several other uses.
  • Average is different from an Arithmetic Mean.

Conclusion

Understanding the mean isn’t just about crunching numbers—it’s a key skill for exams like the SAT, ACT, or AP Stats. Whether it's the simple arithmetic mean, the geometric mean, or the harmonic mean, knowing how each one works gives you an edge. So, next time you see a mean question pop up, you’ll know exactly how to tackle it with confidence and accuracy!

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