It is an expression used in the context of sequences and refers to a way of expressing any term in the sequence using an index or counter. It is often called the nth term.
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The mathematical term for "mean" is "mean".The popular, or colloquial term for "mean" is "average".
The general (or nth) term is given by the equation t(n) = a + (n-1)d where a is the first term and d is the common difference between successive terms.
It means "an average". The sum of several values divided by the number of values.The term "arithmetic mean" is used to more specifically indicate the numerical average, since there are three general forms of averaging, including the mean, the mode, and the median.
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If discussing the general term as used in a sentence such as "You can call me any time, day or night," it means exactly that - you can call that person no matter if it's 3 AM, 11 AM, 2 PM, or 9 PM.